I can understand your anger, but it is misplaced. For you to call me a pumper is a little much. I have only 12 posts on this thread, hardly a pump issue. Just because I don't post doesn't mean a damn thing. I have been here since 2000 and the 70th founder member on ihub and have only 2100 posts. My posts are analytical in nature. You can disagree whatever, your choice.
But I will say this. I have been trading penny stocks over 40 years and I know this venue very well. I can look at a penny stock and understand within 10 mins whether we have a winner/loser or a trader's dream. I know all the pitfalls and the trading algorithm, and I definitely understand the business model if it is good excellent or just plain junk. I know about share structure and the negative in convertible debentures and other means that keep a penny stock active and alive. And above all I understand reading the tape.
So far, my assessment of BLEG is a solid company with a very attractive business model and it is one of a very few companies in the penny arcade that has even a remote chance of survival from pennies to, yes, I will say a dollar. When? Is anyone's guess and it is a guess. The only hurdle that plaques a penny stock is not having the viability to stay in business through the means of a very solid management team and the understanding of financing without the dilutive nature. Thus far, all indication appears the team of BLEG is very cognizant of the shareholders interest in mind. As long as the company can maintain a very low dilutive nature at an absolutely minimum, we are in good shape at the present time. If this changes, we will need to make that assessment at that time. But for now, we are in great shape, and I expect that to continue for at least through 2024 and the 1st half of 2025. At that time, you will understand what I'm talking about. For now, you should've just hung in there and not run your mouth on something you don't know what you're talking about and should not have let your emotion get the best of you and you made a mistake in selling at a lost. That move was very premature.
I never like hearing folks lose monies, but really, you should've just hung in there and if the reason is because you could not afford to lose than you should not be in this venue.
Have a good day
varok
