As I wait for my barbeque chicken to cook in the oven ... my brain goes back to MOBL. Held about 2,000,000 plus at the time. Bought shares well under a cent.
Talked to my older brother who is an Electrical Engineer, which I am at total opposites of. (I'm a stock dabbler - retarded; dangerous). Asked him what he thought about MOBL's supposed technology at the time.
He convincingly told me to exit the stock because the technology was nothing but smoke and mirrors (which only CONFIRMED my personal thoughts). I did. I took my double and ran, smiling. That was under $.01.
Watched that stock go over $.20 and then higher and higher, and I wanted to politely choke my brother. When I told him about how much profit I COULD have had by listening to his advice ... he said, "It's STILL a scam!"
What caused it to pull out of "scam status" into believable status was a change of CEO's in the final hour. A new CEO knew HOW to play the PR game, and that is the most important quality a CEO can have in penny land, bar none. Really, the most important quality ANY CEO can have - believability.
Our RSDS CEO has yet to show any brillance that I can see. He's either trying to learn how to get it ... isn't capable of learning it no matter what ... or so wise that he's trying to downplay it right now.
Being able to buy shares at under $.002 ... I can afford to see what his true qualities really are.
Uranium is HOT!!!! If this CEO has two ounces of brains ... he'll start communicating some of his brillance before long, or be pegged a GREEDY embicle that he may really be ... when all is said and done.
A (P.S.) to this rambling: Our CEO is probaly the genius here, not you and I, "Joe retail." Afterall ... being a CEO of a Pinkchit company enables one to sell lots of shares to idiots like you and I and never have to go to jail as long as they don't publicly call you and I idiots. And best of ALL ... never have to walk into a uranium pit!
Be we have our "dignity" ... right?
Mercy
