Replies to post #1130 on Value Microcaps Free-For-All

[lentinman]

Wade: GFCI:

Sorry. I didn't pay enough attention. Thanks for not calling me an idjet.

But, you will have to agree with me that the EPS is impossible to obtain without doing complete financials. Now, they may not be audited, but so what? Virtually no pink sheet financials are audited, are they? In fact, lots and lots of BB financials are not audited. That can't be used as an excuse.

Still, it is only a question of odds. I have said before (WRLT) that even if the odds are that a stock may go to zero, it still might be a good investment based on the risk/reward ratio. If it is legit and goes up 500%, as long as the odds of it going to zero are better that 20%, you have an acceptable risk/reward ratio IMO. That might justify an investment. Certainly, if the numbers were legit, it would be reasonable to assume it could be a $5 stock.

Len