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Re: Vapobag post# 74388

Wednesday, 05/21/2014 5:56:35 PM

Wednesday, May 21, 2014 5:56:35 PM

Post# of 92702
That is your opinion. Financials can tell you a great deal about the viability of a company over the long term. If the company is losing money every quarter and eventually goes under, your investment is lost. Someone will be left holding shares. People make things more complicated than necessary. If you eat less calories than you burn, you will never get fat. If you earn more money than you lose, you will never be insolvent. You can say what you want about this company, but the red flags are there.

This is part of the reason why people lose so much money in the first place. Basing decisions on emotions and not facts can have you lose just as much if not more on the big boards as well. At one time Circuit City was doing several billion dollars a year in revenue. Where are they now? If you saw the financials you could see it hemorrhaging money quarter after quarter.

Of course they are manipulated to a degree, but a company that is growing every quarter, producing net income and a sound business plan will get to a point where it is not so easily manipulated and leave all of the others far behind. I would never encourage anyone to invest in this company. We will revisit this conversation, if it goes to .0001. Often, money tied to something like this is a loss if it was possible to utilize the money elsewhere.