Replies to post #31490 on Calissio Resources Group Inc (CRGP)

[TEXASOIL]

Noble thought. But your basing your thought on you thinking you know the final outcome. If you had that absolute power to know the future for a fact you would not be this stock in the first place. Not as obvious to me until I hear from FINRA.

[sunspotter]

"I realize that investing in the stock market is a bit like gambling. You hope fortune smiles upon you and not the other way around. The problem with gambling is someone always wins and someone always loses."

Not really. Real investing is not meant to be a zero sum game where someone always wins and someone always loses.

Rather, it is meant to create value leading to a win-win situation for all concerned.

And on balance with real companies quoted on real exchanges, over time that's exactly what happens.

With the Pink Sheets, home of blatant and obvious scams such as CRGP, it's exactly the opposite.

It's not even a zero sum game. It's a game which is entirely rigged in favor of the crooks behind the scam - in the case of CRGP, almost certainly Alex Smid - and as such worse than gambling where at least sometimes you can win.

[FreeGrass]

I would suggest to sell as soon as this starts trading again (if ever) and start over. There are many stocks to be found that can give you a 1000% return. I will surely take my loss and hope for beer money... But I doubt if this will ever trade again...

I would never have gambled that much money on a stock like this. Certainly not your entire portfolio... If you are going to invest that much, you better make sure you know everything there is to know about the company...

Good luck, and so sorry to hear you lost that much...