Earlier today Davidam wrote:
"I will await SEC filings, consolidated statements by a credible auditor to show me what ECN and what MCCY relationship is before I go long again. In the meantime this "may be" a decent traders stock again. Gaining back trading activity in itself would be good because it was losing that very seriously."
It looks to me that we have three choices.
1) We can be a trader and hope to be nimble enough to profit from short term swings. As you say, the short term traders have no problem with this being a pr machine. It seems all we would have to do is count the number of detractors posts to determine when the pps is going down (as they get paid by the number of posts rather than the validity or truth of the information) and we all buy when their totals fade. There is no other logical explantion why some spend enless hours pounding out repetative posts. No one spends that much effort for no return? Why would anyone on IHUB be a moderator for no return either?
2) We can place a "medium" term bet now, before verification is available, and hope that the reward will be well worth the risk. We must base this on confidence in certain people. Who do we believe - Huppe, Lemay, Robert, Aubin, Contant, Chiasson, Isaac, Huard, Tewold, Shin, Naud, Lemelin, Vezeau, Bannister, Hatweek, Treanier, Fabros, Demedeiros, Harris, Pilon, Fraser, Mok, Ahn, Choun, Chiang or a group of juvenile posters hiding behind phony names on message boards?
3) We can, as you say, wait for the filings of the consolidated statements by an auditor before we go long. That may, as suggested, bring in institutional investors and lead to uplisting but we may also sacrifice a 10 bagger for a 2 bagger in the process.
My choice is #2! Good luck to you with whatever you do.
kp
When all is said and done it's what's done that counts, not what's said.
