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Renavatio

07/21/07 6:46 AM

#18959 RE: wing_walker #18957

"but I suggest when doing DD on the company, folks should take a good look at the the insider's credentials."

The truth of this statement has saved me more money in the pinks than any other trading strategy. Couple that with a rule of thumb that 99.99%-100% of the time avoid pinks not based in the USA, and you can up your chances of avoiding scams even more.

And it was the management team that sells me on the success of this company. I will never understand the product but being a would-be self employed, white collar exec, I understand that true white collar boys like the mgmt at Spooz isn't going to waste time on something they think has a high probability of failure. Other wise, why take the risk when it's too easy to go else where and make money?

Just my opinion on an opinion.

Ren
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Nebulae

07/21/07 11:48 AM

#18965 RE: wing_walker #18957

It's ALWAYS about the people. I mean, that's what any business really is after all.



Just read this, wing - truly excellent post. Thanks for the DD "assessment" - you are right on.

Actually, it's one of the best I have read of yours so far, but that isn't too many since my literacy volunteer has been off for a few days... ;)

-Neb