InvestorsHub Logo
Followers 55
Posts 1556
Boards Moderated 0
Alias Born 01/21/2007

Re: MiamiGent post# 52249

Sunday, 04/26/2015 12:29:54 PM

Sunday, April 26, 2015 12:29:54 PM

Post# of 53906
There is little question that Alexander's enthusiasm is contagious. However, let me play the devil's advocate. I see two potential red flags here. Number 1: Perhaps you're don't recall when Salt Lake City, along with Denver, were the penny stock scam capitals of America. Boiler room operations prevailed, and fleeced many an investor of his hard earned capital. Fortunately, the SEC was finally able to close most of them, but one still needs to exercise extreme caution, imo, before buying any penny stocks based in Salt Lake.
Number 2: Any equity that has ranged in valuation within the past year as much as this one has, once again, needs to be carefully studied. If an equity fails to receive price support in such a dynamic industry as medical by its sponsors, then once again, one can legitimately, I believe, question its true intrinsic value.


Kindly understand that I do not follow this company, but merely mention the above to you as additional food for thought. I also realize that you are an experienced investor from the quality and frequency of your postings. Nonetheless, there are still many unanswered questions of a technical nature which need to be ascertained. GLTU.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.