If it is true, he is an idiot in so many ways, that i cant believe he would even have that kind of money to invest instead of being out on the street.
lets count the ways
1. Put 6 figs into a penny stock based on someones "sweet words" on a message board(this makes me laugh out loud...I don't think English is his first language)
2. This penny stock had just ran up over 400 percent at time of purchase with no letdown.
3. He sells in a couple months time when penny stock drops 50% DESPITE being clearly undervalued, with NO erosion of fundamentals. Which leads me to...
4. He looks at the financial statements and makes shaky assumptions on their marketing and sales strategy based on the size of their accounts recievable. Claims they are giving everything away for free despite having accumulated millions in cash and managing a large payroll and overhead. Not to mention he can't see the dates of the specific accounts recievable so he has absolutely no basis for his conjecture.
5. He bashes the stock after selling some of his postion. And looks to us for "advice" AFTER he sells. lol...who does that?
6.After he bashes the stock...he sells his remaining shares all in ONE DAY (rolls eyes) and hits up every single message board on GTEC whining all over again, copying and pasting his posts from one board to another.
Gimme a break...this is the biggest pile of horseshit I have ever seen! He is either 1. VERY stupid or 2. a VERY poor basher
