Kiwa Bio-Tech Products Group Corp (fka KWBT)

[umiak]

Could be, or could be lots of other reasons. "People sell for all kinds of reasons. They buy for one, they believe the stock will be higher in the future." Peter Lynch

Not an exact quote but the spirit is there. :) We see company plan for $140m + in sales for one province I can wait.

PETER LYNCH QUOTES + WHY LYNCH BUYS PENNY STOCKS:


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33975644

Since Peter Lynch is a penny stock player who is one of the best investors/traders
on the planet who coined the term "10 bagger," here's a few of his quotes:

(1) "People have all this data and they go through it and make up their minds in four seconds, ... We're forcing people to do the wrong things. They look at what's hot. They spend so much time trying to figure out if the market is going up. That's so unimportant. It's about earnings. They need to follow the earnings."

(2) "The person that turns over the most rocks wins the game. And that's always been my philosophy."

(3) "The key to making money in stocks is not to get scared out of them."

(4) "I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies."

(5) "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten."

(6) "You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets."

(7) "When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom."

(8) "I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'"

(9) “Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.”

(10) "Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business."

(11) "If all the economists in the world were laid end to end, it wouldn't be a bad thing."

(12) "It's absolute crap that people need to spend 60 hours a week analyzing companies, ... All you need are a few stocks to make money. If you find one stock a year, that's plenty. When I was running Magellan I had to find one a week but that was because I had billions of dollars. The average person needs only a few good stocks in a lifetime."

(13) "I spend about 15 minutes a year on economic analysis. The way you lose money in the stock market is to start off with an economic picture. I also spend 15 minutes a year on where the stock market is going."

(In 1977, Lynch was named head of the then obscure Magellan Fund which had $18 million in assets. By the time Lynch resigned as a fund manager in 1990, the fund had grown to more than $14 billion in assets)

** Clearly Lynch is talking about viable companies. We all know KWBT is not trading below $1, .50, .10, .05 etc because sales and profit have begun.