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Re: tr11 post# 12211

Wednesday, 05/20/2015 7:29:24 AM

Wednesday, May 20, 2015 7:29:24 AM

Post# of 12815
But that's beside the point to the case I am making. 0f course, theoretically, any penny stock can make a run with or with out reason. But, if that is the assumption for buying, then, one can just choose at random. The debate pertains to the value here; not the historical probability that any particular pinky will become a fast mover. If gamblers want to gamble, that's fine. I understand the concept of buying in order to sell to the bigger fool down the way. But the fact remains clear: because of the price deterioration of the stock, the overwhelming majority of those who have played this stock have lost. In the last few years alone, the stock has lost about 90% of its price, therefore, there is no way that most players here came out winning. They lost big time. While there is theoretically a chance that it will go up from here, the more likely scenario is that this is headed for sub penny. Of course, if you believe all the talk, then, it will go up in price. But the thing is that the talk has been taking place throughout the life time of this company and ilt never has turned out to be true.