Redwood Scientific Technologies Inc (RSCI)

[Angelman]

The wisest advice that the 'experts' give is that one should never go overboard on one stock. Now in the case of GDGI, one could make exception to the 4% of portfolio rule because GDGI presents such a phenomenal opportunity of risk/reward ratio.

But to fail to follow the most basic financial advice that exists(having an emergency fund) is plainly a very bad idea.

Having several million shares of GDGI means that one has invested many thousands of dollars of their capital in one security.
It simply does not make sense to have that much money tied up without having any cash or precious metals set aside for an emergency. The minimum amount that one should have in an emergency fund is the sum that it would take to sustain one financially for 3 months in the event the source(s) of income dries(dry) up.

I see why the emotions are so intense on this board concerning GDGI. Some of you have overextended yourselves, so that the smallest disappointment gets your nerves frazzled. Several times now I have seen someone panic over a relatively small amount of money needed for bills.

Hey, chill out guys. The fact that some of you didn't follow the most basic advice, any financial advisor will give, is not the fault of the rest of us.