Worlds Inc (WDDD)

[cadillacdave]

Well the fact that L4BC owns 5%-10% of the company, at least so far shows he is the biggest loser here. As I recall, he was buying at .70, because he could.

Not exactly a smart strategy. Penny stocks are volatile. They pop and drop. Patience wins the game. You wait for the drops and buy. Don't chase it. This simple strategy mitigates losses, if things don't go well.

Buying at .70 to prove his point, that he was so confident in the company, or rich, didn't exactly work out. His avergae buy in is likely high and he will be lucky to break even or mitigate his losses here.

It's his $$ so who cares, but reckless nonetheless.

I voiced my concerns here a long time ago, de-risked and am playing with free shares. When it crashed a few years back, I bought some cheap shares and started buying small blocks again, as they became available.

So the small investment now is meaningless if this tanks. If it spikes, I should make some $$.

Good luck to you. I know you have been here a long time. I do think something will will happen in the next 30-90 days (hopefully) :)

It seems like many of the regular posters from years back are gone, Quilt, Napkins, tradertrack etc. They lost their $$ and moved on.