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Alias Born 08/27/2007

Re: None

Wednesday, 01/23/2008 8:07:24 PM

Wednesday, January 23, 2008 8:07:24 PM

Post# of 8313
Be careful with those pre-revenue, development stage company stocks, lol...I got a few of them myself but they are dangerous to accumulate. I like UWKI and MTSX's concepts for example, and have dipped in them...but usually those companies are public just to sell you shares, you finance the owners dreams. Sometimes they make it to the big leagues but far more just dilute, dilute, dilute...reverse split...dilute, dilute, dilute. Rinse, repeat. You need earnings and assets to provide a floor to the stock price. Otherwise it can go as low as it wants.

Thats why GTEC is such a great OTCBB stock :)

We are lucky to have found it early while they are still getting everything set up. When the financials are updated and every tom dick and harry out there can run a stock screen to find our terrifically undervalued company, its off to the racetracks to fair value and beyond.

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