Just a recommendation from someone who’s been in
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(Total Views: 487)
Posted On: 02/08/2020 1:18:46 PM
Re: crazyjogger925 #17521
Just a recommendation from someone who’s been investing in biotechs/OTC stocks for a decent amount of time and following the related boards: be very cautious of other posters motivations, the information they post and the claims they make.
Anyone can make a claim on these boards and those claims are very, very difficult to verify (except those countered by facts). I’m mainly referring to people’s claimed occupation, their stock experience, their net worth, the amount of shares they own, the amount of shares they sold/bought at price, and so on. Investor boards are littered with rich people who work from home as professional traders and own hundreds of thousands of shares at the lowest entry point. Most of those claims are false and many of these investors will disappear after the stock with pops and they sell or the stock tanks. It’s not a coincidence that this happens. There are members who have different reasons for investing in a stock and they will say anything to support those reasons. We’ve seen it time and time again on this board, sometimes it’s obvious (Finesand) and sometimes it’s less obvious, hidden among various alias’ and subtle, but negative posts (Cytodynamite).
And no real investor with big money and friends says, “there’s a new money rich bunch of cowboys in town.” The stock will correct appropriately over time and even more so when additional news/data is released. No need for lassos, fake leather boots and tight pants.
Anyone can make a claim on these boards and those claims are very, very difficult to verify (except those countered by facts). I’m mainly referring to people’s claimed occupation, their stock experience, their net worth, the amount of shares they own, the amount of shares they sold/bought at price, and so on. Investor boards are littered with rich people who work from home as professional traders and own hundreds of thousands of shares at the lowest entry point. Most of those claims are false and many of these investors will disappear after the stock with pops and they sell or the stock tanks. It’s not a coincidence that this happens. There are members who have different reasons for investing in a stock and they will say anything to support those reasons. We’ve seen it time and time again on this board, sometimes it’s obvious (Finesand) and sometimes it’s less obvious, hidden among various alias’ and subtle, but negative posts (Cytodynamite).
And no real investor with big money and friends says, “there’s a new money rich bunch of cowboys in town.” The stock will correct appropriately over time and even more so when additional news/data is released. No need for lassos, fake leather boots and tight pants.
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