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Re: Porgie Tirebiter post# 80819

Thursday, 01/29/2009 11:28:13 AM

Thursday, January 29, 2009 11:28:13 AM

Post# of 82595
Porgie, I used to think like you and it cost me A LOT of money...I used to be so focused on financials. I would watch Companies with horrible financials skyrocket left and right and wonder what the hell was wrong with my logic. You've been on this forum for a while and you've sat around complaining while the stock goes from .0004 to .002, a 400% return. So where has your logic taken you so far? you've missed out on a 400% return. In all fairness, your logic is partially right...fundamental analysis of the past data is a good thing, but a company's outlook needs to have a broader type of filter.

As Daniel has alluded to, the intellectual property is the valule of this company. Same thing with ACTC - go look at thier last financials and you'll find the same crap...but the stock goes from .03 to .29 in a couple of months. Why? They have valuable intellectual property. Speculating on wounded companies requires some foresight and vision about what the future holds. Dwelling on past data, is limiting and will ensure you are behind the curve on a lot of your investments.