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Due Diligence Virtuoso

06/02/23 8:38 AM

#30596 RE: Aquahoya #30595

Additionally there is no DILUTION. The company will be SEC Filing and self funded. That is a UNICORN in the OTC. 90% of OTC has convertible toxic notes, and 99.5% will never uplist to the NYSE. Byoplanet is solvent and has little need to stay on Pink Sheets long term.
Bullish
Bullish

marylandstockguy

06/02/23 8:41 AM

#30597 RE: Aquahoya #30595

100 percent. I'm looking at it as my fun money invested here is like my 401K in a way, at least for now. I'm not planning on taking it out for awhile, and I don't need it. It's not urgent to have it.

That's the way I think we should look at most individual stocks. If you can afford to be patient, take that route if you believe in them long-term. Trying to guess day-to-day movements is very, very tough. Some can, and flip, but you're also paying a lot of taxes that way, and for every one you flip for 20 percent, you're losing on another that nose-dives right away. I just think that's a tough game.

I'm thinking this is a good buy and hold. And, if it struggles, and you feel comfortable, you can add a bit more in bits and pieces, just like you would a 401K, like on a bi-weekly or monthly basis. You just can't go crazy.

Finally, yes, I think we all understand that there will be an RS at some point. When is anybody's guess, but again, if there's a solid purpose behind it, like, as many have suggested, to move on to a bigger and better board that gets you more exposure, I'm all for it. Everything here is just speculation but I still enjoy seeing the back and forth discussions. They aren't nearly as heated as on other boards.