Followers | 49 |
Posts | 9038 |
Boards Moderated | 1 |
Alias Born | 09/24/2019 |
Friday, February 19, 2021 5:53:59 PM
First a history lesson.
For those of you that remember the now defunct VSE and ASE in Canada, back in the 80's, millionaires were being minted daily at one point.
Most of those players moved stateside to the OTC after the shutdown in canuckland of Las Vegas North lol.(actually they merged with the ole TSE to cover all the skeletons)
Why?
Well the good plays had all the same qualities;
Qualified Ceo's
Strong advisors
A story
A PR apparatus to spread the hype
Hidden money players igniting and supporting the stock.
The funny part is that some of the actual mineral discoveries did nothing for their stock, yet the hype plays (Murray Pezim, for you ole timers lol)
had monster runs even before the drill hit the ground.
Pezim brought 100's of plays public, made 100's of millions of $$$ for many, yet only hit gold once lol.
My favorite recollection back then was of a play called Skyhigh
Resources that went from a dime to $22.00 the same day on a PR stating Adnan Khashoggi was joining the board lmao..
Enough of my history lesson, my point is;
We have an unqualified Ceo
We have no advisors to guide him
We have no story
We have no PR apparatus to create interest and hype
We have no money behind the scenes to ignite or support a real run
We care not about SEC filing deadlines
We have a checkered past CEO that has proven his prowess in business is ZERO.
Kudo's to all that flip this for chickenfeed, form .02-.04 or .03 to .05 etc.You will never change tax brackets this way IMHO.
You miss the point of how plays like DCGD,TSNP,CLHI etc etc etc actually work.
You buy, you set a GTC sell at some crazy price and you wait...
As the price rises, you slowly sell into the run, and as i posted many times about CLHI, at $2.00 anyone in from the teens should have been down to their last 10-15% stake.
Those that did not adhere to that, well good luck on your Nasdaq uplist lol.
Problem here is that on top of all that i have mentioned we may/will be suspended by the SEC by years end assuming the same ole mantra of filing whenever the heck we want as opposed to when we have to.
Back in 2012 the SEC suspended 379 or so tickers overnight and folks were pulling their hair the next day.
So as much as i believe my $5 price targets with a qualified player at the helm, the harsh reality is that a suspension is far more likely from this unqualified Ceo by years end.
IMVHO.
As for the absorbing of the selling, as i stated previously, that could be me and Rich Pearl wash trading between us with our offshore accounts!!!!
No one knows right
When i see the first K filed before a suspension lol, then i will believe a tad more, until then, flip or wash away
All imho
The dilemma that politically correct folks face is that they talk the talk, yet can never walk the walk. How could they, without any skin in the game!!!!
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM