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Saturday, August 22, 2015 1:54:11 AM
MARKET DOWN 358 POINTS WORST DAY OF THE YEAR AS BOTH DJIA AND SNP DOWN FOR THE YEAR. WE BROKE 17K ON THE DJIA. BUT NOT THE COMEBACK KID IN 5 BUSINESS DAYS .0206 TO .035 UP 75%
(1)
Penny stocks bear no relationship to the market in general -- if they did, they wouldn't be penny stocks and would actually be legitimate bona fide investment vehicles. Comparing penny stocks to the major indices is like comparing the outcome of a spin of the roulette wheel to whether the DJIA moves up or down that day.
But I have always found it to be supremely humorous that when the market falls but SCRC goes up, the criminal CORE all get delirious with their "See! SCRC is the hidden gem and is worthy of blue chip status!" pumps... ...but yet when the market and SCRC are both down, it becomes "Well, the market is down, so this is no surprise and is not a reflection of SCRC's strength!"... ...and when the market is up but SCRC is down it's radio silence...
...as I've stated several times, just understand the criminal CORE's mantra and you'll be fine:
* Bad news is good news
* Neutral news is good news
* No news is good news
* Good news is the best news ever
(2)
If you were a long-term investor who bought shares near 1.00 and "locked them away in a vault" and never sold or traded a single share as JOEY Z and his CORE have claimed for years, would you be ecstatic if the sp moved from .02 to .035? Would it be cause for celebration that your losses are now only 96% instead of 98%? Would you even view a move from .02 to .035 as a pop of 75%? Of course not.
(3)
But if you were a flipper that repeatedly sold the rips and bought the dips, would you view a jump from .02 to .035 as a 75% pop? Damn right you would.
Like I've been saying for years now, SCRC is a trading stock and you should only hold shares that you can freeroll via rinsing and repeating the trading cycle and taking continual profits off the table. That's the smartest way to play speculative development stage company stocks. Build up an inventory of free lotto tickets and take your own capital off the table ASAP. Don't be the sucker who provides float lockdown for Section 17(b)-violating criminals...
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