InvestorsHub Logo
Followers 14
Posts 424
Boards Moderated 0
Alias Born 06/22/2014

Re: SPecPrototype post# 44286

Saturday, 08/30/2014 10:36:45 AM

Saturday, August 30, 2014 10:36:45 AM

Post# of 133793
A few thoughts on DD .............

We all want the answers and that is a very prudent thing to do as an investor or even a trader. But don't lose site of the fact this is the OTC, and most of the stories have holes in them. Most are outright scams, and many of these scams pay off in the short term for traders anyway. It's the dirty little playground we are on.

I can shred the financials of ALL the OTC companies I have looked at. I can go on the boards of stocks I own and kill the enthusiasm of anyone that understands corporate finance.

Of the companies with good intentions (I believe UNGS is among them) Most of these companies have a plan in motion, and some of it is merely in the development stage. It's just how it is.

UNGS has put some positive things into motion IMO. Some of it much farther along than others. I have no illusions they are going to turn profitable this month or quarter. It doesn't matter. Go look at the other MJ stocks running to a penny and more on total smoke, NO financials reported, No functional website, Nobody in management competent to pull off MJ.

Rant over, just be careful you don't even suggest OUR company is a scam until you know with some certainty. We are for more transparent than most MJ plays. What I am trying to say is be careful not to wizz in our koolaid without all the facts.

Want safety and 100% clear vision of the future? I've owned Johnson and Johnson and some utilities for 20 years and I highly recommend them. But you'll get sleepy watching it.

That is all, and thanks for reading if by some miracle you still are.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.