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Sunday, February 14, 2021 11:13:00 AM
“Some companies do have a price spike if they eventually rise out of the “expert” market. But there’s certainly no guarantee of that - many stocks stay at the same price (or even fall). Yet many are basing their investment in DBMM on some sort of surety that it will happen here. Nothing could be less certain.”
Obviously, I didn’t say it was impossible.
But many DO NOT rise.
It’s a known fact that a GIANT PERCENTAGE of companies on the Expert Market never make it off. It’s a graveyard for the majority of companies that settle there.
It’s a known fact that a GIANT percentage of investments made in penny companies never make a profit, compared to those that do.
Every once in a while, I’ll buy a Mega Millions ticket. But I’m fully aware that there’s a 99.9% chance that I’ll get nothing from “investing” in that ticket. But it’s $2!
I don’t invest thousands of dollars in a lottery I know I have a 99.9% chance of losing.
I don’t start planning on being a millionaire once I buy it.
I don’t talk incessantly about how I’m positive I’ll win it (when I know the odds are extremely low that will happen).
I keep telling myself....deep breath....count to ten....try to answer without personal attack...if available, always try to present fact to back up your opinion.
Recent DBMM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/15/2024 08:30:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 04/15/2024 08:54:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 09:32:32 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/29/2023 09:31:08 PM
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