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Re: purdue pete post# 137317

Tuesday, 05/15/2018 10:00:53 AM

Tuesday, May 15, 2018 10:00:53 AM

Post# of 333385
The people that say that haven't been in penny land long enough to watch 90+% of seemingly credible, well managed companies WITH seemingly solid financials, share structures, good looking sites and PRs, and revolutionary products seemingly selling like hotcakes (notice the emphasis on "seemingly") suddenly be revealed as fraudulent and nosedive into 0001 forever. THAT, unfortunately, is the reality at these levels (and even on the big boards in some cases), supported by mountains of historical evidence.

There are occasionally diamonds in the rough, like BIEL (we hope), but history is against that hope. That's not to say you can't make money on the run-ups, nor is this meant to be a negative post, just a reality check for those blindly optimistic about any company at this level, and screaming not to sell a single share.

I think BIEL will do great things but everyone should CONSIDER picking a price to sell SOME shares at that protects their initial investment and then just ride the wave up (or down) on free shares without a worry. You can buy back in later if you wish but THAT is really the only way to "sleep like a baby" as some here so frequently claim.