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Re: None

Friday, 12/29/2017 11:17:00 AM

Friday, December 29, 2017 11:17:00 AM

Post# of 106839
Completely understand where you’re coming from, but I won’t go pumping any stock on social media for many reasons.


1. it is the company’s responsibility to show their value to the public and enlighten us on their progress. They need to make the primary argument as to why I should pump more of my money into their enterprise.

2. I’ve done it before, set up a stock trading discussion group, we all made some gains on the 2014 pot boom, but late arrivals to our group wound up losing money and I refuse to have any involvement in people’s losses. Even while our group was very active, I advised my picks and told everyone to be extremely cautious with their money. If things don’t go as expected, do you want your friends and family coming back to you asking why their money vanished? I know a lot of big name popular stock guys pump on social media with no remorse or consequences, but I decided it’s not for me.

3. I believe it makes us look desperate to go around advertising our investment and too much spreading could cause an artificial uptrend which deflates to lower lows.

I think the only way up and staying up is through organic growth and progress from the company. They already have growing revenues and are positioned in an emerging industry. The hurdle they need to clear is with the government and it is their duty to show us that plans are on track for that success.