True, probably doesn't make sense to someone who is trading MMEG and wanting a quick profit. But to investors who are used to holding for long periods of time, a year or two is not a long time. Momentous does have some very strong investors (as you say a cult following) who are holding long term. It's really a matter of what one is after or one's trading/investing style.
As Kurt said, he didn't see Momentous as a "trading vehicle". We've posted this many times on the board. If one likes the company, has the resources to buy, and willing to hold, one or two years is not really a long time. Anyone who's been here long has known that things could take awhile to get cranking. Anyone here who is long is also aware of the risks in the OTC. It comes down to what risks one is willing to take.
The faster one wants a profit, the more impatient one will get. Quite a few who are holding MMEG also trade other stocks, so it's not like Momentous is the only play they are in. I personally like diversification. Some I trade, some I hold long term. These are extremely personal decisions.
I do feel for the traders who wanted a fairly quick profit and are getting really impatient. Everyone has been there. I get it.
MMEG
Please do your own DD. The opinions I express are my own and not intended to replace your own thorough research. Everyone is responsible for their own actions.
