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That's an interesting theory

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Tamtam Member Level  Friday, 12/06/19 03:00:29 AM
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That's an interesting theory
.Companies can disrupt industries...

Uber disrupted the taxi service... pretty much decimated them everywhere...

Amazon disrupted the entire retail sector turning most brick and mortar malls into ghost towns.

Airbnb is disrupting the hotel business.

Then there's Erhc and their disruption is completely unique... they are decimating the ranks of penny stock short sellers and turning them into an endangered species.

Erhc will go down in history not only as the next Monster beverage but in fact the next case study for future short sellers and what NOT to do.

Here's the lesson:

1) don't short a stock with a concentration of longs

2) don't short a stock surviving past its going concern statement of one year

3) don't automatically assume that all Nigerians are scammers

4) don't be caught up in water that is slowly rising to a boiling temperature if you're a frog

5) if there's a super genius, such as myself, interested in the stock... do not short

6) listen to warnings from Day 1

7) don't allow confirmation bias to assume that just because 100% of suspended stocks end up revoked in the past that a record can't be set

8) use fundamental valuation techniques: clearly erhc is worth far more that a valuation of $300k. The well it purchased in Texas alone is worth nearly that much!

9) beware of companies employing the New Paradigm.

10) Gag orders can hide incredible success... tread carefully if you are a short seller

11) If major companies are involved like Total... stay away. They have overwhelming fire power in relation to the shorts

12) if you're going to short, avoid shorting naked

13) when a small group of shareholders starts claiming they own 50% of the outstanding shares: probably a good idea to believe them and cover ASAP.

There are more lessons but 13 should be enough for now.


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