He's just warning others to do their DD before buying as he has a poor opinion of management and is either of the belief that he can save them pain or he is trying his best to tank the price because he hates the company. Who knows, maybe he's a manipulator trying to paint a bad picture to get cheap shares.
Anyway, I for one appreciate hearing other peoples experiences, be them good or bad, fanciful, manipulative lies or any other thoughts and I'll leave it up to my intelligence (now that's a worry) to filter the crap out and try to interprete what the market is doing.
The more feedback the better I'd say to paint a wider psychological picture. Not only that but I've been saved more than once after being prompted by someones negative comment to dig deeper in the suggested direction, it's a lot easier to find the inconsistencies when someone who has followed the company or the management for years, or had been burnt by the same management elsewhere. I've seen a few who have run through company after company, never achieved anything and gone broke and delisted every time.
Funny thing idiots like me still invest in them because who knows what could happen in this crazy marketplace.
Several companies that I don't rate management at all, still went up 4 and 5+ bags during the bull cycle last year, never can tell what this bazaar market will do at times, against all reason, on pure un-researched hype.
BTW, I have a buy order waiting at 0.001, I figure the company has enough prospects to to keep it alive and as long as it does and there's only way to go from here.
Only one thing I'm wondering, how did this company end up with 6.5B shares? Do you think they'll be doing something about that any time soon?
CAD Price at posting:
0.1¢ Sentiment: Buy Disclosure: Not Held
