"Your apparent problem is not your individual chosen investment approach: discount everything until profits are on the table. It is rather that you apparently refuse to acknowledge the validity of anyone else's approach"
perhaps the problem is that everyone who has an idea different than yours doesnt necessarily have a "problem"....
"But many others have a higher tolerance for risk and want to get the much higher returns than can be had from taking risks IF you do it right"
yes many want to chase impossible dreams...many want to gamble in the stock market instead of invest or trade..gamblers in the stock market will always lose..they may win once or twice but in the end they will lose everything...always...
theres no real "right way" to gamble in the pink sheets...the pink sheets are losers 99% of the time...but you will find proponents of the stock on every pink sheet message board telling you its a cant lose deal...and they will argue against anyone who says different...even while acknowledging that 99% of all pink sheets are losers...lol...
anyones tolerance for risk doesnt matter...eventually they will exceed that tolerance..many here gambled a little bit..and then a little more...most who bought in early are still buying today..more and more..many have even happily posted that they have bought far more than they should have...it seems their "tolerance for risk" has no limits...thats how it is when you gamble..and that approach aint valid..
"My question is this: From your statements you have a very low tolerance for risk. If that's so, what on earth are you doing messing around with an early stage biotech company"
for the tenth time..i trade..that lowers the risk...a lot....if you are simply holding and crossing your fingers that this time you picked the right penny stock then yes that is high risk...but if you wait until you believe that there will be a movement in the pps and sell as soon as you belive it has topped out then presto!..just like magic...less risk...and it doesnt matter what sector the stock is in...
"And what is your difficulty in acknowledging that other people may use other approaches which for them may be quite suitable?"
some may explain their approaches and i give my opinion as to that...if you dont like opinions then a message board probably isnt for you...
"What you apparently cannot or will not see is that those investing in higher risk stocks invest earlier and necessarily look at different factors than you because the factors that you restrict yourself to (profits, revenue, EPS, etc) are totally irrelevant to pre-product companies"
when i speak of profits, revenue etc i am talking about what makes a company legitimate..what makes a company attract legitimate investors..what makes a company become something more than a high risk gamble...and if i INVEST in a stock, yes that is certainly what i look at...but when i trade i dont necessarily care about those things either...if i did, i wouldnt be here, now would i?..
anyone who put money into this stock when it was under a penny was straight up gambling...there was no investing involved..even after it was over a penny they were still just gambling...although judging from what everyone thought and had convinced each other of back then they didnt realize it...and its still a very high risk stock to "invest" in...and thems the facts...and it doesnt matter what other factors you look at or what angle you look at them from..
"Your posts sound to me like someone going into a extreme sports store and complaining repeatedly that there are no croquet sets on display. Maybe you're just in the wrong store"
spare me the nonsensical dr phil analogies
