Forgive me...
When I invited you to the board, I really thought we had a good group of adults here that would be willing to listen to and discuss negative opinions as well as positive...
I thought that most understood that 99% of OTC stocks, especially non SEC filers, are insider enrichment schemes that should be traded to make money, not bought and held to see if the CEO's dreams will all come true...
I've spent some time hammering on a few stocks myself when I feel that the management is lining it's pockets on false information or projections, with the help of board pumpers that either have lost their common sense and believe the hype or are lining their own pockets..
But I sometimes get carried away in the argument, so I feel that I deserve to get what I do from some.
I don't think you deserve any of that and I hope it doesn't deter you from posting here either. I have never seen you give a buy or sell recommendation, even on the one that you loosely tied the CEO to a terrorist group... (You never said it outright, that's my opinion, through checking the name searches you suggested so I will keep it to myself)
Like you stated, there are some 50+ securities that are in play here. Eventually, if this is ever to be a legitimate sector, the legitimate ones will rise up while the scams and bad business models will collapse.
The legitimate ones will then trade according to REALISTIC valuations. 1000+ P/E's are not realistic.
Why can't we be realistic now, before we get hurt later ?
I for one, appreciate your grounded perspectives.
But now there's a couple of gappers I'm gonna chase today !!!!
I'll be back in cash by 2:30 lol...
"If people let government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under tyranny." - Thomas Jefferson
