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Re: blademan post# 29154

Friday, 09/22/2017 3:46:27 PM

Friday, September 22, 2017 3:46:27 PM

Post# of 57850
Blademan-I have averaged down on some stocks and won big. But, those companies had real earnings, real net worth and real management. They were well-funded. They were just temporarily out-of-favor, having previously been in favor.

The difference is that PLSB has not been in favor for a long time. It's been a downhill ride for years. To most people, PLSB's initial attraction was the "miracle" PULSE $10 million health drink it got from Baxter. Yates pumped the stock with numerous paid-for "research reports" promising spectacular sales and earnings results. When PULSE didn't succeed, Yates jumped into the fruit drinks field that had been a previous business of Yates (at the bankrupt Vancol) and where the competition is overwhelming.

Perhaps you should hone your blade a bit sharper.

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