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Wednesday, 04/04/2018 4:04:50 PM

Wednesday, April 04, 2018 4:04:50 PM

Post# of 13904
A big problem with investors (not just of penny stocks) is that emotion becomes too much of a factor. People see what they want to see rather than staying neutral and truly observant. It's more extreme as a problem with penny stocks because these tend to move so much faster and the companies are much less successful. That doesn't mean all OTC companies are "scams," but many of them are. It's important to understand and accept that.

With APTY, longs tell themselves it's a "real company."

That's fine.

If you want to believe that, then at least do it with honest observation. The gold pot at the end of this rainbow for so long was the Ken Charts app being released. Well, it's out now. And nobody talks about it. By any reasonable standard, it's a non-factor.

Now APTY is talking about gaming and all of the irons they have in the fire. But there's no money being made here. Real companies make money.

To get excited about every tweet and PR is not unique to shareholders here. Throughout Ihub, people are saying the exact same things about many "real companies" that are basically the same thing with different tickers. Many of these people have not been successful investors in the OTC. Most are just buying lottery tickets and calling it investing. They are so hopeful because they have dollar signs in their eyes and big dreams of what's possible.

The people who have made money here are the ones who have played the moves. Buy low. Sell high.