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Sunday, August 27, 2017 1:31:16 AM
Those of you who disagree, do you suggest buying and holding or buying and flipping? Because holding is absolutely not an option. I looked through the entire lifetime chart and there is not a single 1 year period (min to avoid short term tax, like that even matters) in which holding results in any kind of profit.
Instead, I found so many reverse splits. If you multiply all the reverse splits that I found, the product is 500,000,000. If this company ever becomes a real company that is not a pump and dump, then that would be an earth-shattering record. No company with reverse splits multiplying to 500 million has ever been anything other than a pump and dump.
99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.
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