And before anyone starts bagging me for trying to tell the truth I would like to say I don't like seeing people loose money.
I have lost money (smallish) and have a few stocks down slightly at the moment.
I got out of this stock okay but have been watching it since I got out at 8c while buying in under 5c. I saw it go to 15c and thought I was going to make a heap out of it.
The reason for my posts and after watching the stock movements and the comments on this thread is to wake people up. Not just on this thread but just in general.
I have read comments all the way up and all the way down that this will be a "magic" stock and going the moon etc.
10c best buy ever after pull back from 15c - how good
9c bargain
8c back the truck up
7c can I lend money to get into it
6c announcement soon
5c corona around the corner
4c back a bigger truck up
3c hopefully there is an announcement coming
2.5c Help
2c Darn it - soon as it gets back to where I bought in at l will get out.
People read comments and basically believe the stuff written by so called "posters" who try to break down the business and project figures etc. I for one don't believe one bit of what they say!!!!!! Most are posting to try to get the next wave of people to invest and get them out of a certain position and I believe some really do believe in the company. No one can predict where the stock market is going - full stop. Trying to invest in a company with little or no cash flow is a flawed process.
Most of the posters will absolutely sell anywhere near where the bought in at so they can get their money out. That is human nature.
Good luck to all but beware this is not a casino where we bet our hard earned money away on small cap stocks that may or may not become profitable.
NOR Price at posting:
2.5¢ Sentiment: Sell Disclosure: Not Held
