Indoor Harvest Corp (INQD)

[RealDutch]

Greenmarine, I do not agree.

This company gained a lot of interest after the CEO defaulted on the loan. Penny chasers were attracted to the toxic waste.

There are companies out there with lots of cash, who don't have to issue stock. Trading below 5% of book and P/E's far below 1. They are dead in the water most of the time, gaining zero interest.

This market simply ain't too bright. Neither are the people working for those depressed companies. I haven't made up my mind yet who is to blame more for this. But OTC is governed by hype. In fact, the whole market is.

I come from the world of betting exchanges, some 7 years ago, where markets are extremely efficient. And I am still surprised, every day, how inefficient the stock market is. That is a good thing, because there is money to be made. But things just tend to get worse year after year after year, before they get better.

As far as INQD is concerned, of course it was undervalued at 20 cents. But with these prices today, and their history, who really knows. I mean, who really cares.