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Re: StockBull post# 69056

Thursday, 10/12/2017 2:25:52 PM

Thursday, October 12, 2017 2:25:52 PM

Post# of 70075
With Penny stocks, there is little to go on, as maybe 50% of the going's on are never revealed! Of course, the negatives are never discussed, as that would slow-down the Share buying by Investors, if there is any at all?

Yes, you have the same fear I have...a R/S sooner than later...and a hefty one at that? But that is what we have to put-up-with in just about every stock, and this one is no different! More bad times than good times!

Only those with rock hard products will take the next step, which then places them on the step of Business Practices, where they had better know what they are doing, as good product alone will not do the trick?

The only thing that keeps me here is that I bought Nastech Pharmaceuticals about 20 years ago, but had to sell out to pay bills! Just another disaster that can happen working with those stocks! It just so happened that out of the 7-8 P-S's I had at the time, only Nastech had just the amount of money I needed, so I sold it! I forgot all about it for a number of years until I decided to see if it was listed somewhere? To my horror, the stock had bypassed all the P-S HORRORS and rose to over to 23.++ Dollars and I only paid 18 cents a share for them! So the lesson I learned is to hold on to a Company that has a good to great product, and see how far it can go? Then other Pennies of mine had numerous R/S's and went nowhere, but I still hold onto them, at least a few of them, that have shown something outstanding! Yes, a R/S usually keeps future investors away, but it puts the Company in a better position to borrow money, and at better finance rates, so it really is better for them than it is to us? Best of everything to you...and thanks for posting??? T..