Sunday, October 04, 2009 11:35:39 AM
One of my stocks went to .0001 and about two days later the CEO was arrested for fraud! I sold immediately; knowing that stock couldn't possibly come back!
I have two stocks that I should have sold years ago, because of poor price performance, Cetek and Clancy.
Cetek is a basically a .0001 stock that never gives financials (except backghanded once in a while)
Clancy gives financials every quarter for as long as I can remember! The Financials are not super, but they are golden compared to Cetek!
But Cetek does not move and neither does Clancy!
Then why do I hang on to these stocks? I only take losses when I am positive that a stock will not come back!
Clancy I believe will come back, because the company has a buyback program!
The chances of Cetek coming back are not as good but the reason I'm holding on is that they are in Ceramics. I was impressed that Cetek is listed in a $3500 report with some really credible Ceramics companies!
I may be wrong but Fayiz Hilal seems to be opening up a bit!
But he reminds me of the Wizard of OZ!
PAY NO ATTENTION TO THAT MAN BEHIND THE CURTAIN!
pick_the_one
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM