Replies to post #58983 on Medinah Minerals (MDMN)

[Beth0515]

No you aren't. If I buy a spec home or car, at least I have the opportunity to put money in after my initial investment and repair damage or improve the asset.

Bravo, Sir, your correction was most appropriate.

Perhaps a better analogy would be- buying a car at auction that comes with a certified certificate of condition written by someone who doesn't have the competence or authority to express an opinion of fitness. Anyone who doesn't immediately grasp the parallel just hasn't done their DD on MDMN.

Everyone should know most pennies fail and are super-speculative; however, our pet project seems supported by those who encourage dissemination of outright lies.

I should have sold the very second Chapin started babbling about the preposterous "dividend". Leave it to MDMN to "give something back to the stockholders" that actually leaves them in WORSE shape than if they had done nothing.

[Money_For_Nothing]

In stocks, we call repairing your stock position after the purchase, dollar cost averaging. Again I think your comparison in somehow illogical when you compare apples to apples.

I am sure you watch all the house flipping shows on cable, these guys are putting up 100k + and rolling the dice. The average penny stock investor is putting up $1,000 to control 100,000 shares.

People ranting about this and that is like getting pissed at losing money on the midway at the state fair. There are people who are walking around with the big stuffed animals so you must be able to win. But when you don't, it makes little sense to cry foul and say the games should be fairer or the carney cheated you.

You are an option trader, you know the risks in investment.