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Re: ValueX post# 29548

Wednesday, 09/28/2022 4:05:48 PM

Wednesday, September 28, 2022 4:05:48 PM

Post# of 30870
First the OTC is for trading not investing and never invest in Form 15 company. Investing in a company that doesn't file audited financials with the SEC is a great way to watch your investment disappear.

And Buffett was talking about exchange Traded stocks not a sub-penny OTC stock that is from a hijacked shell.

There has never been a successful hijacked shell - they are always about insider enrichment.

This is what Buffett says about investing in penny stocks:

"Rule #1 is to never lose money. Rule #2 is to never forget Rule #1.”

Those that are married to a penny stock are exactly what guys like Cooley/Sanchez are looking for - because those preaching patience will believe any of the pumping nonsense.

IG


The First Casualty of Emotion is Reason.