Zitto Inc (ZTTO)

[cruecu]

You do what you gotta do. I’ve certainly done both. Again many different ways to do it. But sitting in a stock for years where there’s not enough liquidity for me to even leave, no thanks. People don’t account for the money that’s tied up in bags that could be making money somewhere else. So there are costs to having less capital.

Most of the time you really have no idea where the “actual” bottom is. And if somebody is trading actively every day and monitoring filings, they can usually get in lower or right at where somebody’s been holding it for years... when a catalyst hits. Now tell me that would not be frustrating as a bagholder in a custodianship for years. It happens all the time because I do it. Think about lrdr...if something crazy good hits, there’s plenty of time to get in under where most people have bags here. That’s what sucks about these.

Plus a merger filing could have a reverse split in it and then you’re screwed...and you loaded the bottom on something that nobody wants. That just happened last week. Lazar does it with basically every shell now.