Good Morning All. We are waiting for word from Do
Post# of 4861
I bought this stock back when it was in the triple zeros, and I have never sold a single share. I remember when buying and holding was the norm, and I also remember when books were written on millionaires minted by the practice of buying and flipping. In my opinion, this practice of flipping destroyed the start-up market, and it has never been quite the same way since.
For people who might have been in the penny stock market a while, you likely can remember when reverse splits were actually quite rare and huge swings in penny stock values only happened when some kind of breakthrough occurred. Sadly, steady pricing is no longer the norm. So here we are. Today, the CEO's of penny stock companies fabricate press releases based mostly on hopes and dreams, and very little substance at all. The result is that very few CEO's are considered trustworthy. However, Doctor Dalton seems to be a different sort of CEO altogether.
If the financials come out, I expect a share price explosion the likes of which may be written of for years. Some will say: "I wish I had been in that one." Others who do own shares will speak of percentages they have won. I use the term "won" because I still consider start-up investing to be a gamble (even though I am not a big gambler myself). A potentially lucrative gamble, but a gamble all the same. One just never knows when lady luck will glance your way.
I reduce my own risk when investing by contacting the company and talking to industry leaders to clarify statements thrown out by many --- I also never stop researching. Does this system eliminate risk? No. And don't let anyone tell you it does. The only thing that can reduce your risk to zero is staying out of the market. Is this a reasonable option? I suggest that risk taking is the fastest way to gain wealth. While one can also lose all, the potential rewards are worth the risk in my estimation. To each his own. If this gamble pays off, I will be set for the remainder of my life, and so will those around me. If this gamble fails, I will be just fine because I did not bet the farm and I only invested what I could afford too.
So sit back, enjoy the ride, and try to stop worrying. The market goes up and the market goes down nearly every single day --- some call it fickle. If it turns in your favor "winner, winner chicken dinner." This is an old saying that came out of Vegas in the good old days. Your Univec chicken dinner may actually be steak and lobster if you like that kind of thing. Whatever your preference may be, keep in mind that Univec shares have progressively increased in value for at least the last few years (although swings in value often did occur).
Kgem