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PokeyPete

07/16/13 6:33 PM

#5250 RE: LakeRem #5247

The answer to your question of how did I hear about the stock. Years ago on a weekend road trip with a couple from bible study, guys in front, ladies in back. The guy conversation turned to good and bad investments we had make. He was excited about $50,000 he had invested in a class A stock in some sort of midwest wireless Internet company that was to go public. Last years I ask what ever happened to that investment. He said it turned into a penney stock in the toilet. He also said, instead of the $50,000 years a ago, if he has the money today, he would purchase $5,000 in stock today because he believed the company was on the verge of exploding, and he would have a substantially larger shareholding in the company. Months later, after visiting my mother that had a stroke. She was still watched an investment channel, but can't manage online training any more. Coming back from that trip, with the sadness of knowing my mother is getting old, and her $500 penney stock story on my mind. I called my friend and ask what symbol the stock was. The only due diligence and research i did was my friend has way more money then I.

If my dad could spend $500 on a penny stock, why could I not spend $5000 After I spent the $5,000. I decided that for a few thousand more I could own a 1,000,000 shares. It was at this time I start noodling around the Internet for information on the company and I discovered this blog.