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Re: cazual post# 33102

Wednesday, 10/22/2014 4:40:02 PM

Wednesday, October 22, 2014 4:40:02 PM

Post# of 70075
I understand that you may appreciate that, and, others here too, but, my experience of 17 years trading penny stocks tell me that this is nothing, updates are not news, and, always cause sell pressure, so it is stupid to spend money to hurt the own PPS.

The market doesn't like this news, and, you can verify it. I saw this happening hundreds of times.

A company only needs to release news about facts. Here we have a video of our new device, this is a fact. We want to say that we are doing this and that, and, in a couple of weeks.... bla bla bla, this is not a fact. Better stay quiet.

Also, giving time frames on responses to emails is not good, it creates expectations that may not be realized, and, the market doesn't like, it is amateur.

Also, on today's PR they say in a couple of weeks, this is also amateur and not good, a company needs to provide exact dates, and, do the thing exactly on that date, this adds credibility, and, the market likes it.

Cheers
Dr Pennystock