InvestorsHub Logo
Followers 7
Posts 758
Boards Moderated 0
Alias Born 03/15/2007

Re: SevenTenEleven post# 176563

Thursday, 06/02/2011 10:42:32 AM

Thursday, June 02, 2011 10:42:32 AM

Post# of 221852
Any idea when we can expect to hear something? I would prefer good news, but I would even settle for bad news. I would love for this chapter to close for good. This is my last penny play for sure!
Still keeping the faith for FFGO though!

Remember that this company (FFGO) should have never been a Plan A or Plan B money maker. This was always a long shot at best and anyone who invested more than they could afford needs to chalk this lesson up and not repeat the mistake again.

A few years ago, I put in a huge amount of money into a risky penny stock that garnered a lot of attention on this board. The CEO put out lots of PRs, he had an investor hotline and even hired a PR firm to handle his public relations. From an investor's point of view, everything looked pretty good. Little did I know that all the PRs were false and misleading. The contracts the company claimed to have signed with the government were phony. Did I feel stupid and inferior? Yes! Was I embarrassed that I had been scammed? You bet! In my defense, I never dreamed someone would be stupid enough to issue multiple press releases claiming he had a multi-million dollar government contract. I learned a hard lesson about these penny stocks!

What's the point? Well, I have learned that safe investments are the best. Fortune 500, mutual funds, NYSE, and Nasdaq are always the best. Obviously there are no guarantees in these companies either, but I have played penny stocks for almost 10 years now, and I have lost as much as I have gained. Others here may have had better success, but in my experience, most people come out of penny stock investments like they would come out of a casino is Vegas--mostly losing their money.

I have found that network marketing is safer and more fun than penny stock investing. It's easier to make money and there isn't as much deception and corruption in my industry, The best part is that we work together as a team helping people succeed. Wall Street seems to be permeated with fear and greed. My business focuses on teamwork and positive thinking!

Thanks for reading my rambling remarks. I really do hope Fortress pays off for everyone, but again, I never planned on this being a huge money maker. As Viv has stated all along, this was and is a lottery play. When I put my money in, I knew there was a very good chance that I would lose every penny of my investment. That's why I decided from the get go to only invest what I could afford to lose. If this never pans out, I will have learned a valuable lesson and I will also have made some great connections with some great people on this board. At the end of the day, the only thing we take with us when we die are the relationships with the people we have met over our lifetime.

Have a great day and let's continue to keep a positive attitude.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.