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Looking a little better.
I agree, it's crap. But, some stocks you buy to hold and some to trade. I always set up two positions, one to hold and one to trade. This is a real winner for me. You can take a nickle or a dime out every day. Either long or short. Nickles make dimes and dimes make dollars.
Now, the point of the post. He was a malt mixer salesman. He went to buy a machine to make malts. He wound up going in a different direction, the rest you know. We may have the same thing here. They may not be able to go the way they planned. But they have a few things that others may need. Weather they can get them to scale or not, we shall see. Also weather they command a price high enough for us to get a profit, we also will see.
Best of luck to all
Monday, November 18, 2019 4:14:09 PM
Post# of 13862
While we wait. The reason Ray went out to see the McDonald brothers was not to sell them malt mixers. But to buy their patent on what was one of the first GOOP machines. Push a button and out comes a malt. They would only sell it along with the restaurant. Which Ray did not want. But some of his associates thought was the coming new thing. They brought the concept back to Chicago. Opened up two stores and were killing it. Needed money to expand. Back then, no frozen fry's. All the potatoes were cut fresh at the restaurants. The dad of one of my friends was the clearing broker on the exchange for all the Idaho potato contracts. He gathered all the produce people in the mid west. Put them on buses and took them to see the restaurants. The deal was you payed X for a given area. Then you got to service all the stores as they were built. One of my friends was on the bus. I asked him if he gave them the money. He replied YES, but I should have given them ten times more. I asked why didn't you. He replied. I stood there and said to myself. How can you make any money selling hamburgers at .15 cents and fry's at .10 cents. He said to me. PETER, I JUST DIDN'T KNOW WHAT I WAS LOOKING AT. Same thing for me with this stock. You have to buy what will be, not what is here now.
I just go to post number, back out the number that is there. Put in the 1722 and hit the go button.
What part of, what they have, does not work. Do you not understand. To me it looks like they can't fix it. But they have found other paths to follow. Such as what happened to a guy that went to buy a goop machine. Look at post 1722.
This is the problem for all small investors. When you buy these penny stocks. They are all MOON SHOTS. You should only use money that you can afford to lose. Your disadvantage is that you can only afford to buy one, while I can buy 10. This puts your chances of hitting one, very slim. 4 years is nothing. Here are three that I have huge positions in for 10 years. SAME as here, HUGE upside. IF THEY CAN MAKE IT WORK.
BIOF MCLD DGNOF is ADK in Canada. Out of 10, at least 5 will go bust. 2 will go on for ever, but will not make a dime for you. 2 will make a little money. ONLY ONE, will be a winner. They are all lottery tickets, with out a definitive expiration date. Best of luck to all.
As soon as you sell your stock and move on to a new one.
Looks like my MCLD is breaking out. I do well trading for nickles and dimes.
Better question, why is some one buying what is offered. There are no shorts to cover.
I got stopped out on my short with a nice profit. I am now looking at putting it back on.
Nice break out on DGNOF ADK in Canada. It is a triple for me. Take a look at PNNX . Looks like it is going to happen TOO.
Nice brake out. But no volume. Maybe it is so good, no one wants to sell.
How old is she. I don't want any one younger than 75.
So, there bringing this guy aboard to teach our customers how to use the app ?
How the hell does that help us ?
This is only a guess by a poor Polish Farm boy. I now own stock worth FOUR CENTS. This makes me happy. We are now moving forward, I HOPE. Total guess as to how this will play out. I know nothing, thank you SCHULTZ. The 5 wheels will gift them selves an equal amount of shares. To keep the same percentage of the company. They will now merge or buy the missing link that I have said is missing all along. This does not mean it will work. But it is better than sitting in the car we are in, with no gas. The public (which is us ) are always the bag holders. Please stop calling your selves INVESTORS. That is the 5 guys that started it, along with guys that put the money up. All of us bought it to sell it. That makes us TRADERS, whether you hold it for a day or 10 years. All we own is a piece of paper and a dream. Like those that send their best off to war. We can only sit and wait, while praying for their safe return. Best of luck to all.
Getting interesting. 150 million shares. Any one got any back round Michael LaBella ?
DGNOF V.ADK in Canada is breaking out. If this technology of theirs works. This be HUGE.
It is about time. Breaking out. Maybe, just maybe, it is going to work.
Which year ?
Good investing is not about what you know, it's not about how smart you are. It's not where you went to school. It's not about the connections that you have. Good investing is overwhelmingly just about how you behave. It's about your relationship with greed and fear, how gullible you are, who you trust, who you seek your information from, your ability to take a long-term mindset, long term-term horizon. That's what actually matters. That's what moves the needle more than anything else. And all of those topics are not analytical. They're not about data and formulas. All of those topics are behavior, and behavior is kind of a soft and mushy topic. That's not analytical. You can't summarize it on a spreadsheet or with a formula. So it tends to kind of be ignored in investing, even if it is one of the most important aspects of investing.
All that being said. With out good old dumb luck, I would be broke.
Better to learn how to read charts. They will tell you which way the wind is blowing. Long before you will ever see it in print. Course it took 70 years for me to figure that out.
YAWNER !
OK, I am now short again.
Good luck. I am getting ready to short it again.
Bad news for the stock.
Good news for me. I tried to sell my soul to the DEVIL. If he would make it go up to a 1.50. He turned me down, said he did not want to wait 50 years.
Not as long as the lawyers. They stall and stall and stall. They know that when the job is done, so are they.
MCLD With this news. Any one have any thoughts where this will go.
So, now we know. But even with averaging down, I need 1.75 to get back to even.
My DGNOF breaks out today. My cheap ones are now winners.
My DGNOF looks like it is going to break out. Canadian v.adk. Big day today in Canada.
I said 35, but if the government throws out the independent status for the drivers and makes them employees. We could see 10 t0 15 dollars on this stock. After the election we should have a little rally. Time to put the short back on, or add to your short position.
As it stands now. We will probably get a Friday buy rule on this dog. No volume to support it. I hate it. But having used it for 60 years, I can't say no. But I will, because I have all I want for now. Every time I have tried to fine tune it. I got bit in the ass. But if I had none. I would buy it and put my stop in. Then sit back and hold on to my left nut and pray. If you think I have no patience, you be wrong. I have been in DGNOF for 12 years waiting for it to happen. Up down, in out, reverse splits. I would be lying if I said I am not out on that one. My MCLD is waking up, trading rather odd. The only real winner for me. Has been my short on DASH at 212. I still think it can go down to 35. O well its only money.
Best of luck to all.
WOW, someone likes my MCLD.
Who cares if the share structure expands. Right now we are all sitting in a car, WITH NO GAS. If we can get what we need to get the gas for the car. I for one one am all in. I had this problem all the time with investors. For the same amount of money. Right now today. Would rather have 10% of this dead money turd, or 1% of MMM. Spend the money, get the missing link.
Best of luck to all.
Maybe sold his share in this company. Packed his mule and moved on to new diggings. I did that a few times. Two times, there was no buyer. That did not matter. I just wanted it over and out of my mine. Some times in life. Be it a broad or business or what have you, you just got to fold them cards and run like hell.
It is quite obvious. What they have to offer. It no work. All they got for now, is a boat full of holes.
Give up on the up list. Do you have any idea how much it costs to be on some of the exchanges. When you have sales to pay for all the extra cost. Then you can go their.
Right now it looks pretty rotten, Ralph.