Grifco Inc (GFCI)

[Trinityz1]

>that's why you NEVER buy and hold pinks

Perhaps, But I hung in one for 5 years before it paid off
big. I began at .15 with small bites, then jumped in hard
at .01. My average cost was .013. The stock went to .25
this year. I kept 50k shares for fun which were foward split
this year 3-1. It's still up 1566.67 %.

Playing a pink long successfully gives a lot of satisfaction
when it's time to pay capital gains.

So if I had followed your advice, I would never have had
the express enjoyment of being patient and then riding
the explosion which happened on the share price.
Most long waits on Pinks don't take 5 years.
This is only one example.

It was an extreme situation wait wise, but it was worth
every bit. It allowed me house money to use on GFCI and others.
Yes, it was a very high risk initially, but the risk lowered
as time passed and being able to average down.

If an investor uses good managment and doesn't over extend
beyond say 10% of their portfolio, distributes this over
5-10 risks, it only takes one to payoff big and still come
out way ahead even if all the rest are losers. This uses a
basic spread / roulette strategy to win.

GFCI is not only interesting, but should be more than worth
the wait. 15 months is not a long time to wait for me.
Others that got in earlier at higher costs should be
getting their avg cost down now. It's cheap and easy enough
to do right now.

The best part of this one is going to see how Shorty comes
out of it when the dust settles on GFCI.

Anyone with less than 50k sh now is wasting their time, imo.
Imo, that's just someone with too much time on their hands
and too little money to seriously be involved in investing.
They qualify only as rabble rousers, imo.