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codaras

03/24/13 5:04 PM

#2074 RE: Cass #2073

1A is pretty standard fare for all reporting penny stocks. When they are consistently reporting profit they aren't penny stocks anymore. The reason " investors," as opposed to day or swing traders, get into a company in pennyland is to get in before everyone else and it is appropriately priced for its revenue. This site has a ton of DD. My suggestion is to read it and make your own determination whether the risk/reward ratio is within your comfort zone. Clearly the upside potential warrants the inherent risks for most of the people on this board but that has to be a personal decision. Never risk what you can't afford to lose.

J.T. The DD King

03/25/13 12:17 PM

#2079 RE: Cass #2073

That's nothing to worry about. Thats the standard verbiage required by the Sarbanes-Oxley Act that penny stocks must warn investors about the dangers. It's kind of crazy to put those statements in between almost every paragraph because it normally scares new investors into selling good positions based on unfounded fear. "And if we don't get bla bla bla we will cease to do business & you can lose your entire investment". I can understand being required to state that once, but 20 times and in bold type?