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Re: desert rat1 post# 6320

Wednesday, 10/22/2014 11:35:50 AM

Wednesday, October 22, 2014 11:35:50 AM

Post# of 7005
WARNING :

You are not going to like or agree with what I am about to say regarding TIReX ! ..... Be prepared !

I agree with you — EVERYTHING YOU SAID IS SPOT ON !

HISTORY IS CLEAR ON WHAT YOU HAVE SAID : ..... During the entire history of the American Nation . . . Indeed, during the entire history of Western Civilization, going back as far as Ancient Persia and Babylonia


TIREX HAS NEVER SUCCESSFULLY CLOSED ONE SINGLE DEAL — resulting in real revenue — no matter how small the amount of revenue stipulated.

ZERO DOLLARS REVENUE in the entirety of TIReX history — just another way of saying, "zero success" or "one-hundred percent failure" !

With me so far ?

en.wikipedia.org/wiki/Contrarian_investing

FROM WIKI ( link directly above ) " For example, widespread pessimism about a stock can drive a price so low that it overstates the company's risks, and understates its prospects for returning to profitability. Identifying and purchasing such distressed stocks, and selling them after the company recovers, can lead to above-average gains."

((( Yeah, I know, the phrase "returning to profitability" has no factual basis here ! )))

www.investopedia.com/terms/c/contrarian.asp

CONTRARIANS RARELY SUCCEED ! ( from USA Today )
www.usatoday.com/story/money/columnist/waggoner/2013/07/11/stocks-beware-phony-contrarians/2509949/

Like you say : ..... A LOTTERY TICKET IS BETTER !

To me, the TIReX lottery ticket,..... MILLIONS OF SHARES FOR A FEW HUNDRED BUCKS ( when the price ultimately gets down to p.p.s. $0.0001 ) ..... is a lottery ticket . . . . with exceptionally high risk ( like you said, "powerball" ) and extraordinarily high reward .

Few will agree. ..... As the inestimable Warren Buffett ( and others as well ) has said : ..... Buy when there is blood in the streets !

I would add : ..... EVEN IF IT'S YOURS !

www.msn.com/en-us/money/topstocks/earnings-season-has-not-been-good-to-warren-buffett/ar-BBastjG

Until