In 10 years pmcb will likely be called something else and be selling its next "great idea" to a new round of investors, and the few stragglers still holding on from CIAB days.
Only reason ppl hold penny stocks for 10 yrs would be because they're down so much there's no point in selling. Hence PMCB!!
When I see PMCB's old name, E-foods pop up it strengthens my point.
I am pretty sure WB wasn't talking about a penny stock in the below quote, but as usual its vague as in the sorta Co's he's referring to so his quotes are brought up more in OTC market than anywhere.
I wonder why WB doesn't buy pmcb? Someone should tell him about this hidden gem!!
"Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years."
-Warren Buffett"
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