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Wednesday, November 09, 2022 11:36:45 AM
And YET, We still got the covid binge inspired OTC free-for-all. It doesn't take long to look around all the other OTC blog sites to see that almost all of them Are being overrun by Those that got stuck and are angry.... I get it.... Nothing has changed from the other 2 "binge" situations.
But here's where experience comes in. I bet heavily on Ebay and AMD for 2 years as they continued to fall after 2001-2 crash. Many investors told me I was crazy and that most of these "Internet companies" were going to end up just like www.wewipeyourbuttforyou.com..or whatever silly startup was attempted. Took a couple years for it to finish Falling and then spiking up relatively quickly. Due to averaging down, Ended up with a couple 4 or 5 baggers. Doesn't seem as impressive with some of the runs during the covid binge.... But when the markets were either down, or stagnant, for the same period.. It did seem like a winning lottery ticket.
So let's repeat what many have been saying here and on other otc sites. "ALL OTC PINKS ARE....GAMBLES!!!! There,... Is that clear enough. At the height of the OTC binge I had almost 50% of my funds playing the spikes. After it was apparent the fun was over, My OTC exposure came down to 3 or 4 stocks And Down to 15 to 20% of the total portfolio. For the most part, Only playing with the massive gains achieved during the binge( sorry if others weren't successful or bought high) as well as gains this last year from Playing ETF leveraged bear funds And straddles that take advantage of the High volatility in many markets right now. I'm guessing that over 90% of those still playing OTC pinks will tell you that this is their "pulled back" Gambling portion.
So basically, enough of the, in my opinion, false concerns for fellow investors. Many here, both "longs and gones", show histories of previously or currently supporting or following stocks with much worse Price collapses or Diluted financial junk!!! ( or afraid to list choices) BTW, My previous comparison charts are for mostly OTC pink stocks... That we have established are always a gamble.... So those can stop comparing S FIO to higher tier stocks.....WHICH, as the Venture index show... are still searching for BOTTOM!!!
NOW, as far as SFIO.... Those with all the "concerns" still haven't figured out what's going on. Ok, I'll give you a couple more hints But most in the form of questions.
I previously gave you one organization to start with, But basically if you look at the new president's connections.... It's not just with his own company and his Advisory position with a "family office" (i.e. mega bucks)...but he is also In a senior advisory position with Another conglomerate of :Family office"
money Who not only manage and invest but use those funds to develop Support and invest in a number of startup companies which they often Combine with or place within Is their previous conomorates. We're talking a total handling, management of, or Investment start up funds Of close to 5 billion dollars. Ssssooo.....
Anybody not think its a coincidence that they got their Reg A money right after getting their new presidente?
Does anybody here really think that someone Thru over a million and a 1/2 into this conglomerate That doesn't know what they're doing? ( I'm sure many "Experts" here have that kind of money to throw at something)
Does anybody think that someone involved with managing or having access to billions of dollars would waste their time playing president Of a company they didn't have intentions for?
If you do a little research, Do you really think E XIM Bank would authorize a loan to a company that didn't have significant other backing?
While most of us think it's terribly premature, Do you really think all that name recognition They're trying to put out on Wall Street, Isnt part of a larger plan.
Why do you think the new, Money accessible presidente, Is expressing such a desire to ADD new "profitable" ventures into SFIO using non dilution resources (venture capital)?
In case you still haven't figured it out, I'll make another statement That may seem negative but may help you figure it out. I believe ultimately, Jeths makes a good ethnic "figurehead" for what's coming.
Here's another hint, The statement often made here about this price being manipulated is probably correct ....but not in the way it's been stated here. I wouldn't be surprised if the delay in the audit was not somewhat intentional, ...I wonder? .... Which investors or what Possible investment group..... Would possibly benefit from picking up shares Of a positive profit revenue conglomorate at a fraction of its current PE & PS ratio...as long as they could. ( Those with Mega resources, Have a lot of PATIENCE!!!)
If I was trying to put together and OR planning on adding to a current listed Stock company..... For very wealthy clients..... I think I'd try to get those shares out of the hands of retail longs as cheaply as I could too!!! There are some more clues if you do some really deep diving Into the various relationships with the new management,.... But I'm sure most here would just find a way to dismiss it all..... So you'll have to figure it out for yourselves.
Given what I've personally found out and what "I" think is the future of this OTC company,.... I can honestly and confidently say...... I can't believe the fortune I have of picking up this company shares at close to a penny!!!!! Average is now down to almost 1.5 cents. ( And still very positive On total portfolio for the year!) But hey, Each to their own.
Another hint: Another reason I'm NOT posting here daily anymore,
1) While it's fun aggravating some, It's getting to be a bore and there's better things to do
2) If Im correct in my assumptions, I don't honestly care how low this share price gets.... And I'm willing to take advantage of those that lack the "patience" described above!!
For more good S FIO information And revelations About some of those that May have interest in it one way or the other...
https://stocktwits.com/Beauneedsbiscuits/message/494321969
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