Here you go with that same old crap.
The company is selling shares, and if they are selling shares to pay their bills, then where in the world are the "multimillions" in revenues next year going to come from.
I sold in the .04s with green, after realizing the obvious pink sheet nature of the company, which was proven right only a few weeks later.
THE COMPANY SOLD SHARES INTO NEWS, THE COMPANY INCREASED THE A/S, and you're okay with it all. If you are, then good, keep buying, someone's gotta write their paychecks.
Pink sheets don't get the, "things are looking up" bull. What do you know buddy? Seriously? You know exactly what they tell us, cause if you know anything more, then it's inside information. So you've read all the progress and the price continues down, while shares continue to be sold. UNTIL, they actually prove that 1)they are making money, and 2) they uplist to a new exchange, they don't get the benefit of the doubt, because THIS IS A PINK SHEET, THAT DOESN'T FILE REPORTS.
You keeping spewing crap and forget to realize there have been tons of companies that were legit, had products, had sales and people would buy into them expecting to make handfuls of cash once they grew exponentially, but they lost that money in the end because their expectations never came to life. I WILL NOT SIT HERE AND LET YOU SAY THAT THIS IS POSITIVE, BECAUSE IN THE FOR THE NEXT YEAR OR SO THIS IS NOT GOOD.
Sure NXCO could run over the next few years, but you know what, in the mean time, I'll make more money trading the amount I sold out of NXCO, than if I held it another year.
But I'm willing to bet, most longs here are down between 50-90%, and I'm pretty positive it will go lower. So, if it takes another year for this to go up to your break even, that's a hell of a draw down period, and one I'm glad I won't have to ride out.
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