InvestorsHub Logo
icon url

USMC56

11/08/12 5:50 PM

#14224 RE: TheRussDude #14223

There is risk involved with any stock, pennies, sub-pennies or blue chips. With increased risk comes increased potential reward. The fundamental make this a strong buy, even at these levels, which is obviously higher than the .0008s, .0009s and .001s that Maestro and I were buying just weeks ago. Just because a stock is currently trading on the OTC doesn't make it a death trap. Due diligence here is the same as anywhere else. There is just a huge potential upside here that one might not find with other companies in the marijuana sector. Just my 2 pennies worth. LONG COIN.
icon url

maestro_of_Ihub

11/08/12 8:08 PM

#14227 RE: TheRussDude #14223

First off the $25,000 I put in is profit from a short position I took back in 2008 when this thing was $13.97!! split adjusted it was $65,000 a share!! I bought this company when it initially went public at 3.25 with 3MM shares outstanding!! I am going by memory so my numbers may be off after 4 years hard to remember!! I knew Woodbridge was a dude, and the management were painting a false picture of reality!!

So why would I buy this POC!! well simple I am a value investor!!! I said day one when I bought this POC that the second they paid down the debt, that it was price below bankruptcy since they do $3MM plus in sales and their Gonzales site is definitely worth at least 3 Million!!!

Anytime I can buy $3,000,000 for $500,000 I take it!!

Am I really investing $25,000?? No!! I am just not falling in love with hating a company or loving it!! I just love profits, and I think a half penny is still in the cards!! Add a MJNA deal and we might see 0.008 or $5,000,000 MCAP!!

Hope this helps you understand my position, and why I can afford to invest in a company that I still believe is managed by a MOROOOON, with too much overhead and still find a way to make money!!!

I do not love paper, I just love profits!!!