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Re: Bonesy_ post# 27886

Tuesday, 03/02/2021 9:20:29 AM

Tuesday, March 02, 2021 9:20:29 AM

Post# of 46867
True, the new guidelines and increased scrutiny were created as a direct response to the large runs that prior lax scrutiny allowed to occur. So switching over to chase runs that happened in the past due to guidelines that are no longer the same in the present, may not be the best option.

As boring as BLLB may be to watch for now, there have been multiple companies seeing shock falls of 40 to 90%+ lately due to a combination of suspensions and dilution, so at the end of the day with so much documentation filed BLLB appears to be better off than most of these huge runners that everyone just lost all or most of their money in. In one case last week there was even the arrest of a penny stock CEO that caused a wild decline.

BLLB in its current state is better than most of the options that have seen big runs recently because many of them were entirely defunct companies with no filings or news updates for years on end. That is, if the CE is eventually removed of course.

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