InvestorsHub Logo
Followers 275
Posts 32167
Boards Moderated 0
Alias Born 02/14/2014

Re: Batman412 post# 2677

Wednesday, 01/23/2019 12:55:31 PM

Wednesday, January 23, 2019 12:55:31 PM

Post# of 17410
Penny stock flippers don't care about whether a company is legitimate or not, all they care about it volume and Momo, they;d rather a company with 1B float at .001 that they can pump what it can be rather than what it is.

They do not care about loading and holding for proper valuation, they want to buy and sell on any pop or news and that is it.

There are many many companies that are legit on the OTC and you will often find they are overlooked and not that "popular" compared to the reverse merger flavor of the week.

The question that matters is, do you think this company is legit? If so things will take care of themselves and this is just the time to load at the bottom. This is why I confirmed the audit directly with the audit partner as that was my way of confirming that what the company was saying is true.

They are getting audited by one of the largest audit firms in the world, the company has no preferred shares issued. They obviously have plans to get the share price up and want to attract a different class of investor or why go through an audit and become SEC reporting?