![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, December 18, 2009 8:31:58 PM
i chalk this one up as an incredibly painful lesson.
from now on, i don't invest in companies that:
1. don't have major venture capitalist funding
2. don't have any product sales
or
3. hype their stock without concrete actions supporting the hype
My next penny investments are lthu and ensl. Both companies put out surprisingly few pr's, because both derive most of their financial backing from VCs who actually hold onto the shares.
dd for lthu is on raging bull mostly, and dd for ensl is on yahoo. neither is a sure bet by any means.
Peace,
Gbathat
God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.
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