Pondering RBRM and other OTC stocks::;
Those who know me or have seen me around know I invested in this corp long term for many solid reasons, and have experienced in past years there are some excellent small caps that start out and list OTC and then one day list on major regulated exchanges and can make the patient long term investor basically wealthy..
But though I don't listen to analysts or news pundits, I did catch Jim Cramer Friday night and a caller called in asking why he didn't talk about penny stocks on his show and he got very upset basically damning any Penny Stock and it made me mad to ehar him..... I think Cramer was way out of line and wrong on many levels... And to justify his reasons all one has to do is look back just 12 months, and see the hundreds of $Billions of corp white-collar fraud and other deception played upon many trusting investors while supposed trusted regulators for major large listed companies and their stock ruined many peoples' life savings invested on trust and belief of the prospectuses and brokers they utilized for such larger cap issues..
So with such loss and devaluations I and millions watch occur with supposed safe regulated exchange traded mid to large cap issues, how can anyone in today's world say the OTC/Penny Stock corps are any worse than those on the regulated exchanges like NYSE, NASDAQ, AMEX, etc??? because in my mind, you cannot do that; and you need to get back to salient sensible investing long term analyzing a company & its products and true valuations and its products it creates; and niche' companies with wide moat which used to be one of the top characteristics to invest in any company (wide moat), meaning the company either has a monopoly or majority control of a market niche' area through its products or services, and RBRM's devices are just that- wide moat- as they have no competition and have already time tested devices over many decades utilized in and throughout the whole medical spectrum.. So on this point alone and past communications with this corp, is why I as a long term investor believe in this corp and have invested a decent sum of my capital into its stock and business for the future gains I expect to see realized..
I also own some large cap issues and foreign issues to diversify myself, but RBRM is one of the few OTC's I believe you will see come out and shine this year after so much has been awashed throughout markets the last 1 1/2 years (major caps losing 80% or more value), and for Jim Cramer to go on his rant Friday as he did against any penny stock was absolutely stupid on his part; as many major corps globally chose to list on Pink Sheets and I can name several that pay massive dividends too if that is your game... One is an Alaskan Bank in fact, another is a French airline...
