Warning read this before buying this Stock.
1. There are no paid promoters pushing this stock.
Paid promoters only push a stock for their gains not yours! This company's CEO takes his business very seriously and does not believe in getting one day gains on a stock so that everyone can sell out. He uses the companies money to put back into the business for growth of the business. It creates lots of volume and even more losers in a stock, who gets to hold the bag when the music stops.
2. There is no major volume in this stock.
Most major volume in a stock comes when the company is dumping shares or the paid promoter is selling his or her shares. So there is no volume in this stock. Not yet anyway!
3. Nobody else is buying this stock.
That is because most momo runs are created when someone who is a leader says buy, then followers start buying. Most people won't do what it takes to be a leader. Leaders are the ones who buy when no one else wants the stock and they sell when the followers come in. So you make up your own mind if you want to be a leader or a follower. Example Warren Buffet, leader, buys when no one else is buying or everyone else is selling. That's the way to make money!
4. Do NOT buy this stock if you want to make a million dollars in 15 min.
You will not make a million dollars on this stock in 15 min. You are better off buying a lotto ticket. this is not one. It may feel good when this does a ten bagger from here but it still is not a lotto pick!
5. Don't buy this stock if you have not done any research on it.
Leaders know what their time horizons are before they buy a stock. They research the company and the management before they buy a stock not after.
6. The spread is to wide.
MM'ers need to eat too. and if they don't make any money there won't be any market. So if want to buy a stock set your price and wait on it. Don't Chase it.
7. It might go down after I buy it.
That's the way of the markets they go up and down. If you want safe, by a CD.
Don't sit around everyday whining about your purchase, if it goes down, you supposed to be a man and face up to your mistakes, there are no bad stocks, just bad timing. You brought at the wrong time. You can put your money in a CD and wait a year to earn 2%!
8. Is this a real company?
Most companies in this arena have no income other than the shares that they are selling. They are not selling shares so they must be doing something right to generate an income. Remember no volume.
9. Will this stock ever go up?
When enough people get burned in those other pump and dump schemes that most penny stocks put on. They will start doing their research and find out that there are other companies out there besides pump and dump companies.
10. What about the low Price per share?
Just ignore the bashers they could be trying to get a better price for their next purchase. In due time the PPS will correct itself to where the stock should selling at. Patience will be rewarded!!!
11. If you got this far you could be ready for a 10 bagger after you have done your research and DD! Welcome to the board and have some fun! Fun to me is making money!
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