Minerco Inc (MINE)

[MrDueDiligence]

My true opinion about MINE. They have real products with a real business (probably better than Sparking Ice). That being said. What this stock suffers from and to why I sold months and months ago is called The Wolfpack effect. This stock still lingers with social media giants trying to influence people to be long in it. IMHO the common pink penny investment is dead right now. It doesn't matter how good the company is, but when social media effects how long people are in a company and seeing good things after good things for days gets to someones mind while a shorter can manipulate the price everyday while the long sits and waits. It makes them ignore that the fact the company just isn't ready yet to be invested in, and that "it'll go back up someday." That may be true, but why in the heck would you wait with your shares when you could sell at a higher price and buy more when it's lower?

Again. This is my non bias opinion on MINE, and I hope I make someone think about what I say that some companies just simply aren't "ready" when you think they are, and that sometimes you need to step away from your heavy dd and look at it from a perspective to why it's been going down really nonstop for 2 weeks. I'm sorry if I offend anyone.