Followers | 48 |
Posts | 14129 |
Boards Moderated | 4 |
Alias Born | 01/11/2004 |
![](https://investorshub.advfn.com/uicon/31528.png?cb=1621509094)
Thursday, June 30, 2022 11:39:40 AM
Yes, risk=reward. But some risks are foolish to take.
It is a WELL KNOWN FACT that investors that invest in penny stocks lose a GIANT percentage of their investments. Do blue chip investors lose some also? Of course. But they win a GIANT more percentage of stock investments than penny traders.
Now will come the BS line that "all I have to hit is one penny that returns 10,000% to make up for all the losers". Sure. But you have to FIND that one investment. What.....1 out of maybe every 100 might give you a return. But looking at ALL the investments made by penny investors, the majority lose ALL their investment capital. Only a TINY few make it.
Let's face facts. If investing in penny stocks had a legitimate chance of making an investor more money than he/she loses? Then you'd see people like Buffet doing it. Do you see people like that involved in penny stocks? NO! NO serious investor looking to build wealth uses penny stock investments.
DBMM is most likely one of THE WORST penny investments out there. Their track record of success over the last 20 YEARS with Linda at the helm PROVES it.
There is no real evidence that ANY type of short position exists, never mind hundreds of millions (or billions) of naked shares. And it doesn't even make sense that Asher (or anyone else for that matter) would have shorted it. Kramer was already making money hand over fist selling the shares anyways! He didn't NEED to short it.
So the lack of a short position makes investing in DBMM a very unintelligent move. But even if it HAD a short position and DBMM became tradeable in the US? EVERY Tom, Dick and Harry shareholder has his/her finger on the sell button! If this goes up a couple pennies? There will be MASSIVE SELLING and the price will DIVE. Only a precious few will get out with a profit.
Owning DBMM is very unintelligent.
I keep telling myself....deep breath....count to ten....try to answer without personal attack...if available, always try to present fact to back up your opinion.
Recent DBMM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 04/15/2024 08:54:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 09:32:32 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/29/2023 09:31:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/17/2023 09:15:45 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM