Hi Steve
With your tremendous knowledge on MSC and its moves, can you help me to tick which of the following ingredients MSC has.
Thanks
BTW are you Steven Lu?
The Ingredients
One penny stock. Either a former high flier that has fallen from grace or a newer issue that failed to attract investor interest. It is important that the stock has been flat-lining at a few cents for the past 6 to 12 months.
No institutional following. This is a key ingredient -- too many cooks may spoil the broth. Our chef does not want outside interference.
Low liquidity. Often large tranches of stock in small companies are tied up in the hands of controlling interests, management, family interests or other connections who are not ready sellers.
An industry that has the capacity to generate excitement - gold mining is the tried and trusted favorite but there are a number of new variations: dotcom, telecom, biotech, the list is endless. Basically anything that will make a good storyline.
A large supply of mug punters, invited to the feast without realizing that they are the main course.
A complete lack of conscience.
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