Replies to post #23292 on PAO Group Inc (PAOG)

[wallymac]

Nice Post Brent.

The one thing that seems to get lost in plays like this is that us retail investors are not adversaries. We are all in the same boat. It doesn't matter if the stock is ADCS or Enron or Bear Stearns for that matter. We are always at a disadvantage.

The one lesson I have learned over the years is that the retail investors need to be more open to questions that arise. Instead of looking at these questions as a slap in the face, invite more discussion instead of the adversarial stances that become all too common. Simply stated, we are all in the market for the same reason and that is to make money. Allowing Egos to get involved doesn't help that in any way.

Yes there are pumpers and promoters in the game and there are those (whether they truly are paid or not) that love to bash a stock because they can soothe their egos by claiming to be right. Heck, when dealing with Pink's 90% or better of the time they will be right without doing a bit of DD. Be wary of posters but invite discourse because it's only through this discourse that light may be shed.

Who are the real culprits in this game? Of course the companies that perpetrate the deception but also the agencies that are in place to regulate them and don't. By the time it gets to the SEC or any other agency the damage has already been done.

All we can really do is learn from our mistakes and share them. The more we do this willingly and without emotion the better the odds will be in our favor of being successful.

GLTA
Wally

[BooDog]

Good post M8. Just realizing this is a pink should be enough of a warning not to become a "believer" imo. My previous post lists excerpts from the PR's which can be used to qualify research into what is or isn't. Vstarr is it's own entity as well as second life. Whatever is produced from those entities, even through "joint ventures" should be mentioned by ADCS, if not then imo it is just someone speculating it is something to do with ADCS. Without knowing the exact terms of the venture we are left guessing which fart sent something in ADCS'direction. I've seen some mis understanding posted about Wal-Mart, and how easy it is to establish marketing without the product actually even being sanctioned/approved by Wal-Mart. No matter what - imo - it is a pink and people should be prudent. I like to play by the charts myself. My do or die shares that I have left in this are wilting pretty good right now but that's what they were left to do - do or die. This see's the right news following this up it could still see some nice bounces.



Do your research! Play the TA. All posts are my opinion.

[VERYLONGSTOPPEDDRINKINGTHEKOOLAID]

Choosing poorly versus choosing wisely....

One thing I learned is that one should never greedily invest too much in any pinksheet stock regardless of how "sure" the individual is of its ultimate success. The real choice in many cases is not in what one necessarily does buy or trade, but moreso in how smart the choice is in money management AFTER the initial investment dollars are put in.

It is VITALLY important to take one's profits as quickly as possible in the stock market and reduce one's exposure to risk, particularly in the world of pinksheet stocks. It is also vital to exit when the tape says things are not going right.

I would advocate selling half at a double, a third at a triple, or a fourth at a quadruple, etc., but even more conservatively, in the world of pinkies, even selling at a 20% gain will more consistently bring in profits and conserve capital. Better to make less on 10 different stocks than to risk everything in one hopeful that will "go to the moon".

If as it is often touted that over 90% or sometimes 99% of pinksheet stocks are scams, why are there so many stocks out there in pinksheet land that people continue to assure themselves they are "the one" and they will hold and hold and hold and "never sell" until it reaches the unrealistic dollar stock price and then scream and cry when it all collapses?

Smart money is selling into any run very early on, most likely buying back on dips and re-selling and getting out early enough before the big cratering takes place. Even if you want a very long term hold, why hold with all your initial investment and never take profits along the way with the prospect of an unforseen emergency that could directly or indirectly affect your stock? What is the shame in riding with free shares but LESS shares than you started with?

I have long been gone from this one and I admit I have not been looking at the stock message board here in awhile, so I don't know all the particulars of why this fell, but I don't think that people necessarily chose poorly here when they had hopes and expectations touted over and over to them, or information provided to them from company press releases. They did choose poorly with money management IF they had a profit sometime along the way and greedily did not take advantage of the profit opportunity and the many opportunities to ride on free shares. This stock had many such opportunities.

How is one to know when and when not to believe other posters, CEO's, promoters, press releases, financials or otherwise, even in the days now where auditing firms are being convicted now for stating false audited financials for companies even in larger companies on higher exchanges?

Too many misrepresentations on so many levels and the only thing you can really do to protect yourself is to minimize one's risk as quickly as possible in ANY stock, regardless of the exchange it is on and regardless of what information you are using to make your decision.

Remember, there are PLENTY of other stocks out there to make money on, and with better money management, it is possible to make significant gains. Avoid greed wherever possible.