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Re: TrendTrade2016 post# 50

Monday, 12/05/2016 7:34:53 AM

Monday, December 05, 2016 7:34:53 AM

Post# of 77
Yep, agree with this 100%. Buying and holding shells can be VERY lucrative, however, it also typically takes time and a hell of a lot of patience, and most iHubbers aren't really known for patience. I like this shell, however, I see no need to slap the ask or hurry to buy shares, as this has no obvious catalyst right now, and too many folks got in cheap.

Now granted once in awhile a shell will move, with no obvious catalyst or go 'to da moon' on nothing more then a iHub pump or fake catalyst (ie see VOXR) but for the most part it's a waiting game......and sometimes a loooong waiting game.

I actually don't buy many shells at all, I'm primarily interested in mergers and acquisitions, but this is one I would buy assuming I could get in at the right price.

I should also add this isn't technically considered a 'shell' but a development stage company, which is essentially the same thing in my personal opinion.

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