a lesson for the pennies. some insight for myec.
never listen to anyone else.
if the stock was in fact 'revolutionary', the whole market would be buying it .
wild calls of 100% gains in a day are extremely rare (this is just people trying to sell on you buying)
stock structures make a HUGE difference in the way a ticker plays.
if you do not know what yield signs, grey tickers and current info plays are...you should not be here.
it is EXTREMELY rare that a penny comes out of the pink sheets to become a big company - shells are bought, failed companies are taken over, there are scams, dilutions and startups. it takes longer than a few days. and some who say are long are again, looking to profit off you. (not everyone ut some)
do not be surprised on earnings reports if days will be red. it really takes something spectacular for a penny stock to stay at its current level. people will say all kinds of math to try and get you to believe it should be where it is. most of the time it is not the case. it is already overvalued with hype.
oh and finally. think for yourself. 'going against the current.' may require more effort and a tougher ride, but you will become stronger for it.
glad to see some green on myec. but closing under that 50mda would not be idea. 1.1mil is not that much when comparing to billions of shares outstanding. do the math.
good luck ya'll.
AI
