InvestorsHub Logo
Followers 13
Posts 389
Boards Moderated 1
Alias Born 06/15/2009

Re: SmittyInv post# 159

Sunday, 02/28/2021 3:19:54 PM

Sunday, February 28, 2021 3:19:54 PM

Post# of 249
Keep in mind Smitty that its not always the majority who is right.I have seen it time and time again in the OTC. Minority is right majority of the time.

Typically I get out of custodianships prior to new company taking over. I have started doing this due to the fact that the Chinese who buy the shells dont communicate with investors. That combines with the RS usually leads to PPS to slowly bleed out. There are plenty of Lazar former tickers you can read up on and see this for yourself.

If you truly believe in what Wei Tain is bringing to the table and want to be part of it then I suggest you wait. See what exactly they are bringing in, look at the filings/paperwork for the new company, revenues etc. Then you can make an educated decision to buy back in. Will you pay a bit more? Sure you will.It would still be the ground floor for the new company however. At least you wont have dead money sitting in a ticker waiting for news when that money could be better spent in another ticker making gains. I have had dead money in a former Lazar ticker for over 18 months with no news from new Asian company. I figured I would hold rather than sell at -80% loss on paper. That money could have been used elsewhere and made profits seeing how the OTC has been hot lately.

With 8.9 b A/S a RS is most likely going to happen. JMO

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.