CJ I disagree..I think you need to look at this not from a traders point of view, but an investor who has been on board for many years waiting for all the promises that Frank has made finally come to fruition...of course buying something for a dime and selling it at 20 cents is a great return...I will take that all day long and so will everyone else..my point is with all the hype I have heard over the years and with the supposedly mind numbing potential from infringers etc..this stock should have never dropped to a dime a share..if you are talking about flipping pennies and making money that is fine and it is legit way to profit from the market in addition to buying blue chips, mutual funds etc...but if you listen to Franks carnival barking type behavior you would never thought in your wildest dreams this company could be valued at the market cap it is and it has been under 50 cents(that is where it started trading) for years not a good sign that all the hype that has been thrown around is true no?... Just look at all the fluff that has been released over the years..all garbage press releases typical of a Nevada Incorporated Vancouver BC based issuer..they are a dime a dozen (literally too lol)
just look at it this way..Frank and his Google comparisons..and Microsoft etc..he is talking about being a shark and he knows he is a mere guppy LOL..throwing your name in press releases 500 billion dollar companies..when you have a 8 million dollar market cap..fodder for the unsuspecting and ridiculously misleading...constantly mentioning major carriers interested in product..this is all pinky crap..and is the epitome of embellishment at it's finest..
again if you want trade pinkies and make cash that is cool..but my point is some of you on this thread try to emulate Franks deceptive statement..IMO this is far from a real corporation with shareholder and management interests aligned..this is all about Frank and his cronies keeping there wallet well stocked...IMO of course..
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.