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Re: just Scottie post# 54227

Tuesday, 05/28/2024 7:11:11 PM

Tuesday, May 28, 2024 7:11:11 PM

Post# of 54250
You are right. I tried to think with a logical mind, and that is a disadvantage in buying penny stocks. So I will never, ever buy a penny stock again. But let me get your opinion one more time. The CEO has been in charge of a financial institution for the last 23 years. He runs a private company, so therefore the only way he can make a living is by running a business that generates revenue. So I ask you, why would he tarnish his reputation by becoming CEO of a company that is going nowhere? As you know, all mistakes eventually get out on the internet, and that would be a devastating blow to a person in the financial industry. Now either he has to do some kind of huge pump and dump where he can make his money off the stock, or he could use his financial expertise to build GEGI on a firm financial basis. If he does nothing, nobody gains, not him or shareholders. This is the way I think and as you said, there is no place for logic in penny stocks. Thank you for your opinion, and I welcome all other opinions.