Its good solid advice, I just prefer to ignore the filings and revenue reported also. Only thing I want filings for is to see about restricted shares/dilution aspect.
I remember SPNG that went from .01 to .28 high, they filed quarterly and INCREDIBLE growing massive $10's of millions in revenues qtr over qtr, I had $150K invested. They had a product on my store shelves here in the boonies, so it was real, I used the item on my own vehicles. NO WAY anyone could tell me intially this was all fake and BS being reported, cause I could touch it, I could use it, I could read filings, lmao. Ended up all a sham, I made dough, but gave most of the profits back, before I finally woke up and realized it was all BS, bogus filings, was halted and put on greysheets and now a triple zero stock, I assume CEO went to jail.
So when discussing revenue, cash, or any of that on a penny stock, I completely ignore all that crap. I just want quick flips and collect a few hundred and run.....
From my profile:
Best penny advice: IGNORE ALL THE NOISE (pumping/bashing, news is coming) FOLLOW THE CHART, GET YOUR PROFIT, MUST HAVE DISCIPLINE & RULES!
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