Its all good, there's actually some merit to what you say....not 100%, but some.
What are the "real" reasons for my posting negative commentary about NMX's PPS?
You think I'm patting myself on the back? Well, there is some validity to that. I blogged on NMX back in April of 2015 on SA, so that is certainly one aspect. Usually when people start talking up a stock its AFTER its already gained 500% or more, so yeah I do feel pretty good about sharing my bullish opinion at 15 cents.
I don't want to run the PPS down so I can get back in. Stocks are a zero sum game, someone has the shares I sold and I have $$$ and I like $$$ better than shares.
And part of the reason is because I've started my own blog dedicated to trying to help retail investors make $$$ and to avoid holding the bag, hence the name, www.avoidthebag.com
All stocks are risky....I just happen to be of the view that retailers are too often lured into buying stocks that are high instead of doing what the smart money crowd does, selling high and buying low.
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