So, not much interest on IHub, where the pennies are the play and people love those stocks that can go up 10X in a week. As long as we all know that this is the case, and that the plays here have inherent huge risks, particularly if they are non-reporting pinkies, then gambling in the IHub casino stock is our choice. I think it should be part of a diversified portfolio that allocates risk.
I have to agree. I think there are several reasons that investors tend to neglect plays like Hillsborough. First of all, I think it comes down to a lack of understanding. It takes time and effort to actually sit down and learn what is good and what is bad inside of the reports. In the beginning it's all greek, but the more we try, the more we learn. But that's not the softer, easier way..... which is why I think the pinks can be so alluring. Usually all there is a bunch of PR's, and some cut and paste google DD. No filings, no transparency, no numbers to crunch. Just pick an entry, and hope like heck you do not see CLYP, HDSN, VFIN, BRGE, or VERT anytime soon.
Secondly, I think it often comes down to financial desperation. You can see the train of thought when someone about out of capital reasons that it's best to buy $500.00 worth of a .0005 stock in the hopes that it will 100 bag to .05, and then they will get diversify into some safer plays later. Heard of people living pay check to pay check? I bet we would be shocked how many try to live from stock to stock..... not too safe a passage in them waters.
End of soapbox diversification rant. lol
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