InvestorsHub Logo

Flinn

03/12/14 7:39 PM

#78601 RE: hb90 #78591

You would be suprised at what "CEOs" are willing to do to generate some fast cash. That is one of the risks in playing in pennystocks. A lot of pump and dumps happen. It is easy to say you are entering the MJ industry. If they have no revenue and no capital, sometimes even losing money hand over fist, how would they enter the MJ industry?
On the flip side, if you take a chance on rumors and buy in when the stock is next to worthless, get a lot of shares, then the news comes and it is true, you can make incredible gains that you just don't see in already established and high PPS companies very often.

I have seen several companies that I thought, "if they just follow through with what they are saying, they will be HUGE".


The rumor and signs of what is happening with BAYP makes it worth the risk to me. Now I will sit back and let it ride. When things start happening, it will all be worth the patience and risk.