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I'm sorry Red, I don't really feel like I answered your question.
In all honesty, the most I ever had in this is 5k. I sold the majority of my shares at 11 cents, and pulled out 10k.
I left a grand in, and pulled out the rest later at a few cents.
I don't have a silver bullet for a formula. I just try to calculate the risk vs. the expected returns, and look at what other investors are doing,
Easy peezy lemon squeezy really. Good luck Red! : )
In closing though, in my humble (rational or irrational) opinion, anyone who invested more than 10,000 dollars on an ex con from B.C. Is a fruitcake.
My friend invested 16,000. He is a fruitcake. I told him so myself.
But one thing is for sure,
After studying pure mathematics, I appreciate the beauty in recognizing the patterns in the charts. Something magnificent about it when you can see them. Like looking at La Jaconde in the Louvre for the first time, or the Palace of Versailles.
I think that's why I invest in my free time.
Most people go to work and make money in a very linear fashion. Work 40 hours a week, take home a cheque bi-weekly.
With penny stocks, if you play your cards right, you can make money and multiply it at exponential levels, rather than in a linear pattern.
Many mathematicians try to beat the system by thinking they found a formula that will be right all the time when it comes to stocks, but has never been fully realized. That is the beauty of the stock market!
Haha!
You don't fall under fruitcake level. Your posts make sense.
But I still don't know why you put 100k into a penny stock as risky as World Moto. Must be avarice! One of the deadly sins.
I would put in 100k into Hyperloop Transportation Technology this fall.
Must be nice to have 100k to throw around Red! Maybe I'm the fruitcake and should start doing what you are doing so I can be in the same position. : )
Drop the bags Richie R. It's no use.
For the love of god, please don't tell me you're going to buy more positions! That's just crazy talk.
I hope so for your sake!
4 million shares! Omg. I understand why your posts are so nonsensical and crazy now.
: )
Yeah! Lol
I gave up drinking five years ago. Maybe I should go for a Saturday night bender.
Here I go!
100 grand though? Geeze Red!
Crazy.
I suppose that is capitalism baby!
I still hope these douchebags get brought to justice. Scameroni and cheese with pepper on top is all these guys are.
I got a reply from KCSA, it was just their last PR they sent out. They didn't even answer my questions. So much for Allison Monat. What hope is left. Even the ice cream/frozen yogurt guy is gone.
What were you thinking????
100 grand???
That's just crazy!
I put a fair amount of money in, but not even close to that!
That's unbelievable.
Red invested that much too? Geeze.
Red sounds so smart when he speaks too.
Must be nice to be able to invest 50k plus in ex drug dealers! (Maybe that was an unfair jab. I didn't learn this until later)
Can't wait until I'm done being a student. I will invest bigger wads of cash, and stop eating perogies.
That would explain a lot. Why even bother showing up? I guess they just want to look honest. But seriously, that would explain everything as to why the company doesn't accomplish anything.
YOU PUT 57K INTO A PENNY STOCK??? OMFG
That's nuts!!!
You must have lost most of it! Ouchies
Nahh.. I see the light. This company is eating scameroni for dinner, but you're also a shorter. It goes against your best interest for a buying spree to occur.
But don't worry, I'm not buying. Your short shares can rest assured.
It would be an epic price to get in at if we had reason to believe that they have intentions of actually accomplishing something.
I emailed them a few days ago. No reply. I figure they are just using it as a buffer.
Look at how much money the shorters are making Richie R! Down another 10%.
Maybe instead of a lot of trying, they should be doing more doing.
Time for results.
Would've made money shorting it today! Down 10%. Likely to go further.
: )
But Sewer.... Some random PhD guy that I never heard of went and looked at the meter yesterday!!
We're all going to be billionaires now!
I'm going to donate 400 million to Harvard too!
(Roll my eyes)
I will look into seeing if I can get some shares to short.
Sorry Richie R. Going over to the dark side. World Moto is toast.
How many shares are you shorting Sujitta?
I never changed my story. My net gain was positive, however I did sell some shares at a loss.
I was in the major bull run when it went from 5 cents to 12 cents.
Not even relevant anymore anyways. Buyer beware! This company is s scam.
Richie R post 15474
I will let the new communications firm answer that ........
It's a sham and they are incompetent. That's why he's stuck running scams instead of legitimate businesses.
You can believe that they haven't gone crazy. You know like everyone else they are censoring their page.
Plus everyone knows now it is a sham.
The execs will be broke and have to return stateside soon. Then Doug the third will give them a piece of his mind.
They took it down. Getting ugly out there with the stock price. Maybe time to email KCSA.
Ughhh... Sub penny Richie R. Just UGLY! Thank god I'm out.
Don't worry Richie R. It won't ever hit 10 dollars until the end of time.
I thought you might have given up pigeon twitching by now.
You're just as delusional as Col if that is not enough evidence for you,
Get real man!
What's that? Where's the I'm sorry, I was wrong. Richie R does work for corporate. My apologies dkl165.
????
He's probably sitting on his chesterfield right now drinking a Kokanee and watching Degrassi.
I believe that was a cop out, and I believe Col owes me an apology.
There's your proof in the pudding Sewer. Hope you get that English expression Col. : )
Go World Moto. : )
But Richie R does work for corporate. : )
I have never accused anybody of being a paid pumper.
They are being deleted by admin because Col keeps complaining to them.
I have provided lots of evidence for my claims in the past. Quite frankly, Col just irritates me. I'm glad I don't have to know him in real life.
I'm done arguing with him anyways.
Notice how on his resume he doesn't even mention World Moto? Even he knows the company is a sham.
Ohh.. Cut the crap.
Exhibit A. Richie R!
Duhhh
I actually thought printers were part of the moto meter idea. It was written somewhere at some point. No panic button though.
Doesn't matter. They blew all the money on Kokanee.
Why email corporate all the time? Corporate is already on this board. Use your head already!
They just email scheiße info anyways. Keeping the fluff going.