InvestorsHub Logo
Followers 13
Posts 413
Boards Moderated 0
Alias Born 08/25/2012

Re: None

Sunday, 11/16/2014 5:45:11 PM

Sunday, November 16, 2014 5:45:11 PM

Post# of 63806
Since I am holding some PXYN I follow this board pretty close. What I see is the pumpers here who see absolutely NO downside possibility whatsoever, and the bashers who see NO way this company will survive.

I know other OTC stocks that steadily go down due to convertions and dilution even though the company is solid and profitable. I see OTC'c that breakout to the upside even though no good news comes out for a company and it is losing money hand over fist.

I conclude that the company itself is not the determining factor that drives share price, sadly. Too many times the retail investors get all giddy when a company teases them about quarterly report income, but I find that terms like "net income" are defined in ways that later are found out to be "net operating income" or such, and back room schemes that adversely affect stock price pop up in the fine print. (stock awards, toxic borrowing, etc.)

So, GLTA