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Re: surf1944 post# 6937

Sunday, 06/21/2020 11:06:33 AM

Sunday, June 21, 2020 11:06:33 AM

Post# of 10271
Your information appears to jibe with other informational bits I've been seeing for some time now.

The reason these touts continue to rise to the surface here has to do with promotion. There are some here who incessantly seek to promote this stock without consideration for investor frailty. Not everybody here is well-experienced and for that reason alone the individual becomes fodder for those pushing harder.

As for why they push hard? Why, it's to try to drive the price per share higher, thus enabling the promoter to make more money! Consequences be damned, it's every promoter for him/herself. Note the inclusion of "herself" as the most flagrant promoter on this board is a woman. Her posts are disgustingly self-promoting with nary any thought or consideration for the welfare of others.

Not all people are kind and goodhearted. Some will lie and cheat and steal, probably thinking it's the best way to make money. But their premise is terribly wrong as many of us do make money through honest application.

Originally I bought GNUS at 26 cents per share. I held 31,500 shares, selling nearly all at $7.50 or thereabouts. I didn't have the good sense to sell anywhere near the top but consider myself fortunate in having done well, having gained a near-29 bagger in the process. Over the past quarter century this is the highest level multiplier I've ever experienced although I've made more money in other picks cumulatively.

My hat is off to those who were lucky in having been able to buy shares on the extreme cheap. Many were able to do it and I salute them.

For those along for the ride, allow me to suggest you consider the number on cardinal rule on Wall Street:

We invest ONLY when we can point to REALIZED profits. This means SEC filings must establish that profits have been already earned and are not based on hyperbole or boasting or doctored charts laced with the word "would or will."

My best to all except for self-indulging promotors believing themselves so important that they figure they can move a company stock trading millions of shares daily.

How absurdly self flattering!
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