Another double today!
When I consider whether or not a stock is going to go up in value, I have to look at it from not just my point of view - but how do other investors see it? I think that it's bad karma to call a stock a POS, personally. I jumped on PCBM today on news that I thought that other investors would like. No POS, this PCBM! It made me a bunch of money.
A couple of years ago, I saw some news come out on MVEE (maybe MVEEE or MVEEEEE) and a thought popped into my head that I haven't forgotten: "It's the money, stupid!" The value of these is perceived, potential value and what makes them go up is not a lack of filing S-8s nor a moderate number of outstanding shares. It's investor interest which comes from filings, news item or some other information (sometimes rumor) that motivates buying.
Many times this news item is a catalyst for many more good things to come. Who knows what gift the market brings? Or what form that gift will take? Today, for me, it was PCBM, a pink sheet stock and I usually don't put my money in pinks. Tomorrow, a note goes on my computer monitor to remind me - "It's the money, stupid!". I'll thankfully accept these market gifts.
"Using no way as way -
Having no limitation as limitation"