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Friday, October 29, 2010 2:42:44 PM
But we saw that in these uncertain times the posts that came out of the woodwork to attack any company that made progress were controlling the market via their culture of fear.
In other words,they, with the aid of nervous nellies who bought their fear/lies and would thus flee,(not realizing this situation would occur with any penny stock that tried to make a breakthrough)were controlling the market-not the fundamentals-that is why the market-especially the penny market -is so illogical.
This is what is responsible for many stocks crashing, including imo CWRN. Ever since it became evident in June that CWRN was breaking out of the blocks,those self interest groups have heavily attacked it and steered investors away from the stock,thereby artificially altering supply and demand.
So even though CWRN has made much progress since June,those self interest groups have controlled the CWRN market via their constant message board attacks-steal,kill and destroy-a scorched earth policy. In uncertain times it apparently is easier for most to believe the negative lies than the truth. This is destroying the penny market and making it difficult for honest investors to profit.
So it is a circular argument to thank those who are largely responsible for the stock crashing.
BTW,the first company I wrote about in that newsletter-the most undervalued stock I've seen-because it was the most attacked by self interest groups,had a book value of 2.12/share but the self interest groups had knocked it down from one dollar to one cent despite 100 Million gross and 2.2 M net income. Most pennies trade 10 to 50 times book.
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