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Wednesday, June 13, 2012 3:01:52 PM
partially. then completely out monday.
I have been a longtime (in pennystock terms)
investor of MSMY since march of 2011
I made big bucks when it peaked at 17, (i was in at .05 and out @ .155)
then waited.....
and bought back in with some of my winfall at .03.
then it scammed me from there. win some, loose some..
the 75% i was down was from sept 2011 to this year, as i count all my buys as individual investments, even if i re-buy the same stock.
I have probably forgotten more DD for MSMY than anyone posting here remembers, and I am no virgin to pennystocks.
this is about the time when they conveniently went quiet on the october crash, and told no one to this day why the complete float was traded in 2 days, and the price dropped 90% (they speculate an old investor got out..key word SPECULATE) here's why: to get old investors out, and new ones in so they could play the "forget the Haiti house project and ambassador Lewis Lucke, lets roll with kitty litter!"
If you really think ol gary helps companies, you are more naive than you know.
he gets paid by "restricted" shares. ask him, he will tell you. as he has told me.
just because they are restricted, doesnt mean he cannot sell them and make money. (have you ever heard of china? they buy restricted shares from people all the time and since they are overseas, they are not subject to our laws.)
CBBMTT, you have been here a while too, care to divulge your investment? honestly?
everybody has dreams of becoming rich trading pennystocks, in fact, the only people who do are the people selling them.
-X
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