Replies to post #43329 on Secure Point Technologies Inc (fka IMSCQ)

[justinfish]

Pumper- Thank you for your reply here.
On this class action suit matter, please refer to the 611 post here on 10/20 (#43329).
Actually, I have not been up on how an old IMSC subsidiary is now on the scene.
I am surprised that others here are not inquisitive on this.
I will be the first to admit that I held on too long here.
However, being naive, I still continue to hold.
The owners of both P.P. and Zapata Industries have both been indicted for fraud.
Can you say this is typical of a pink?
What glimmer of hope might you offer?

[pumper_stumper]

Since I said this, 7 months ago, IMSCQ is down an additional 25%, including today's "gains...lol".

Let me say this, although there are always big sudden dips in bad stocks like this, for the most part........

the usual way of getting a 30% loss is by still holding after a 20% loss
the usual way of getting a 40% loss is by still holding after a 30% loss
the usual way of getting a 50% loss is by still holding after a 40% loss
...and so
the usual way of getting a 90% loss is by still holding after a 80% loss

get the picture? Capital preservation is maybe the most basic part of any investing strategy. Any experienced investor knows that. ".

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=125955844

Holding and hoping is rarely a good strategy in the pinks! In fact, as I warned, it's costly!