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Re: gotmilk post# 23711

Monday, 07/27/2015 9:35:03 PM

Monday, July 27, 2015 9:35:03 PM

Post# of 28677
I played the "average down" game in 2911 and 2012 and then again in 2013 Doug, and it has been anything but a winning strategy.

I bought at .40, .65, .80 , 1.10, 1.50, 2.25, and 4 something on the way up, and all the way down to 4 cents on the way down.

Heres what I've learned. Bourque isn't investable right now , or at any time going back to June 2011. Without a verifiable product, market or customer, applying one's investment capital to a company like this is probably much like the odds of hitting the Powerball or Mega Millions lotteries....about 37 million to one .

Unless you really, really dis-like your money, "averaging down " in the absence of any compelling , verifiable positive product developments is lunacy defined.

Several posters here have taken the initiative, time and expense of trying to verify compelling product information. I'm no securities law geek, but I don't think investigating a current or potential investment prior to investing, or to ascertain current shareholdings is not insider trading.

Multiple posters here have received the same or similar information apparently by simply taking the initiative and asking .

Prove me wrong, but I'm guessing anyone could do the same (I haven't , but maybe will at some point )

With that information it's possible Bourque could be investable . Or not.