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Re: 71chris71 post# 15614

Friday, 04/22/2022 11:04:29 AM

Friday, April 22, 2022 11:04:29 AM

Post# of 19760
Sure you can complain ... but personally, I don't see the point of complaining. Everyone had warning about the risk. Plus complaints won't change a thing.


In my opinion, WCVC has a strategy -- that was, in part, to hunker-down during COVID-19 and cut its internal overhead, that included the expense of filings when COVID-19 cut into its accounting processes -- which includes ignoring complaints and private inquiries, so as not to give away insider information.

That they survived COVID-19 with all of their stores still operating is also, to me, a sign of good management in the face of adversity.

Do I personally LIKE the strategy, that includes 2 years of no communication and being revoked? No. But in the absence of a realistic alternative, I accept it.

Plus, as I've said and shown, I'm more interested in digging for information that shows me that something positive IS going on. That's what long-term investing is about.

Playing any (sub-) penny stock as a lotto play requires a lotto-play mind-set. No one should complain if they buy a lottery ticket and don't win.

Again, all of these complaints that 'Nixon is a thief' aren't substantiated by any facts. The SEC hasn't charged him with fraud, plus the government gave him PPP money which they must feel was used legally, since it hasn't gone after him for simply pocketing it (as others have). I *think* his loans were forgiven, but just this moment I can't find the link that proves that.

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