Com'on Stuffit. You've seen me going in this direction for quite a while now. These last few straws are really the final ones for me.
I wasn't in PMCL, but I hated hearing what happened to those investors yesterday. There was the MUME debacle last week...and even though I've always hated that stock, for them to deliberately lie and spread a false rumor they had reduced the AS, just so it would run, only to hit the stock with a RS a few days later was dastardly. I could rattle off the blatant small level scams to hit the pennies in the past couple of weeks. Not even big stuff that will get halted like CSHD, but little crap that's enough to wipe out small investors.
And, as I'm sure you've noticed, we haven't even had the nice runs of flying crap, as we had earlier in the year. Look at the MLXO 'run' yesterday. a 30% pop that lasted 15 minutes after the PR was issued, and then it closes in the red. Look at PHEI last week.
A few of the shells run, not because there's a real RM about to be announced, but because they're low float, and a few groups want them to run.
I guess that's as good as it gets, because at least those shells aren't actively diluting (most, at least)
But at some point, the music stops, and someone's left holding 50% of what used to be a bag.
Whereas with ASTI, the run from $3.00 to $9 is sustained, and it will probably keep growing from there.
Don't get me wrong. I love volatility, and I personally can scalp with the best of them. I don't usually get caught with my foot in the door, but I'm afraid to even mention any of these any more on this board any more, because I know other people may buy, and they may not be so lucky.
It's like walking through a friggin field of landmines, in sandles, without a map
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If you take anything I say as advice, you're crazier than I am.
AI
