Friday, March 14, 2014 2:12:26 AM
As far as your assertion that I'm the one responsible for "pumping" the stock and driving a 500% gain, well, I don't think so. I mean I have a whole ten boardmarks so there are sure a lot of people paying attention to me. If it's pumping to provide publicly available information about a company with $10 million or more in revenues and to point out it's highly undervalued at no bid or at any market cap of less than two times revenues, then yes, I'm guilty. I just smile everytime I look at the risk/reward here Penny. Lets say you're contemplating buying Cetek stock at .0003..it would have been better to buy at .0001 but say you weren't aware of the situation here until now, unlike you, and .0003 is the best you can get. Even you have said, the potential here is one to five cents, and to quote you "then you are gone", like "what a bummer".
So let's say you buy 3,333,333 shares or a thousand dollars worth of Cetek. And let's be conservative with your estimate and just use a penny as your expected top. So you risk $1000 dollars and your expected eventual return is $33,333.33. See, thats a whole lot more than a fair game. A fair game would be if you only expected the stock could reach .0006 or $2,000....equal risk and reward. And that's why you buy a stock like Cetek or any other stock. You assume some risk but you expect a lot more reward than possible loss for whatever time frame you plan to hold. In the case of Cetek, which hasn't reported in seven years, you have an extremely large potential for a huge return, because as we have uncovered on the internet thru publicly available information, Cetek has been growing like a weed since the last filing and yet, the stock price had dropped to nothing until recently. That IMHO is one of the few gifts you will ever be handed in this casino-style stock market. And by the way, I will be around in force until the day Hilal either sells the company, or passes on, or provides a shareholder update. And I and others on this board, if necessary, will be a driving force behind getting a shareholder update provided.
I guess that means that when you bash the stock that you're not versed in probability and statistical analysis or that u have an agenda. As far as this "flipper" thing, you will notice that you will never catch me bashing this stock, although I suppose there might be some price in the multiple pennies where I might openly suggest that it's time to take some profits.
And your point that Hilal ponied up the $46,800 reinstatement fee just to get more and bigger contracts, then he must be entirely stupid. What CEO or shareholder in their right mind would want more contracts and bigger ones at that? That could certainly destroy our company to get those juicy contracts.
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