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Wednesday, June 27, 2018 6:01:11 PM
The REAL reason is to LEARN from what I consider yet another CONpany in Pennyland is all.
The chart below shows just the last SEVEN years of this ticker. Imho, LOTS of folks made a LOT of money in just those 7 years. The ones who did make money most certain sold their shares for a profit when the pps tanked. The ones who LOST the most were the once who didn't SELL but HELD throughout because of their misguided OPTIMISM! (Where does that OPTIMISM come from? From possibly FRAUDULENT PRs perhaps?) But that chart is no way NEAR typical of those in Pennyland as this lasted 30+ YEARS as to many which only last a year or three! (Hmm, perhaps BLTA could be in the "Guinness Book of World Records" for "The Longest 'PUMP AND DUMP' In Pennyland Ever Award"?)
But, let's face it. This stuff isn't just about the ticker itself but also about those who think they are SMARTER than the other camp. The bottom line is who will, ULTIMATELY, be the ones eating crow? Methinks it is YOUR camp. (And I now wonder if "eating crow" also means the feathers? Yuk.)
The chart below shows just the last SEVEN years of this ticker. Imho, LOTS of folks made a LOT of money in just those 7 years. The ones who did make money most certain sold their shares for a profit when the pps tanked. The ones who LOST the most were the once who didn't SELL but HELD throughout because of their misguided OPTIMISM! (Where does that OPTIMISM come from? From possibly FRAUDULENT PRs perhaps?) But that chart is no way NEAR typical of those in Pennyland as this lasted 30+ YEARS as to many which only last a year or three! (Hmm, perhaps BLTA could be in the "Guinness Book of World Records" for "The Longest 'PUMP AND DUMP' In Pennyland Ever Award"?)
But, let's face it. This stuff isn't just about the ticker itself but also about those who think they are SMARTER than the other camp. The bottom line is who will, ULTIMATELY, be the ones eating crow? Methinks it is YOUR camp. (And I now wonder if "eating crow" also means the feathers? Yuk.)
My posts are JMOs and musings. “You can’t trust anyone,” Sykes said. “The companies are trying to get their stock up so they can raise money and stay in business...most penny stocks are scams that are created to enrich insiders.”
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