Biocentric Energy Holdings, Inc. (BEHL)

[el_loco09]

I guess that's why people who have bailed (or so they say in posts, whose to really know) continue to hang around message boards to torment everyone else who stayed?

That's a big part of the motivation. We all want to be right and we want the other side to admit they were wrong. And, I'm not sure if this is a flaw in human nature or not. When idiots and dumbasses are called out for doing stupid things you do get some self-correction in the behavior. There are many here who will not admit they were wrong for investing in BEHL and continue to throw more money at it in the face of overwhelming evidence that it's a bad idea. But, after they lose their money and have time to reflect on these discussions and the overall experience some of them will learn from it and not repeat the mistake the next time they see the same warning signals.

Betrayed???? It's not like you were a business partner. Perhaps your brain betrayed you? Perhaps I made a mistake investing here, but then again regardless of any future "potential" I knew I was investing in a stock that was .07 at the time or something less.

No, I was an owner and the company's management represented many things to me that made me optimistic about my investment that turned out to be crap. That is what I mean by betrayed. Does DF intentionally mislead or is he just incompetent? I'm convinced that some of it is intentional at this point. Either way he has done a very poor job. If your product or service is not viable enough to attract any kind of financing or revenue other than selling stock than you are doing wrong to continually issue more stock and take money from uneducated people that think they are playing the lottery.

So I invested 5k out of stocks totalling about 100k in value.

I had such a great year in 2009 that I decided to try my hand at penny stocks. BEHL had videos on youtube showing a real bioreactor making algae. They showed harvesting by hand, issued projections about the value of the algae, talked about investors and big contracts. I would say the promise of what this company could do was greater over a year ago than it is now. I spent a lot of time learning about algae and what it could do. I was really excited (and so was everyone else) when it was announced that Dr. Goodall was coming on board. I felt like that validated things and that someone like Goodall wouldn't join BEHL if this thing didn't have legs. I bought last September and went negative with my position 2 days after buying. I stuck it out for about 9 months averaging down and convinced this would turn around after one large sale and verified revenue. At one point, I was in for 27K. Back then the AS was "only" 1 billion shares which I thought was ridiculous at the time. When they raised the OS to 1.5 billion that was the last straw for me and I managed to save 5K of my 27K. With the AS now at 5 billion it's incredible to me that anyone with a lick of sense would buy more stock in BEHL right now.

But ya live and learn, and I learned pennyland simply isn't for me.......even if I had the money to burn!!!!!

Same here... it cost you 5K it cost me 22K - expensive education all around. I think the only rational play for penny stocks is momo (momentum) plays. You look for buzz and momentum and then try and ride the wave up, don't get greedy, and get out. The term for this is flipping. Google for Timothy Sykes. He makes a living on momo plays and teaching people what to look for. I haven't been brave enough to play that game yet and probably won't. My big board picks are doing well and things are looking up.

Watch and learn. One day you'll have more capital to work with and this 5K lesson will serve you well.