Nexoptic Technology Corp NXOPF

No News in How long ?

[Damn1212]

Been 6 months now since we got the last news On Edging closer to commercialization. 

Since then we lost the 2 guys working for NXO on the Tech Colin and Kevin. 

So what is NXO doing now ? 

Ohh thats right ... Making Payroll for Paul CEO - 300k a year. 

What a snake ...

[BarstoolSage]

DD, I do not like to see anyone lose money...especially at the scale you appear to have done....but please share why you held on....you must see some hope, or you simply do not want to crystalize or realize your losses.... I am not stupid or unsophisticated.....so realize there is room between my presented extremes.... please enlighten me  I once posted my "discipline" wrt

[Damn1212]

Hi Barstool  Thats a great Question.  Here are my thoughts on the disaster I have created.  1 - inexperience - lack of investing experience - Stupidy - Tendency to Gamble  Ect  2- Averaging down - it had worked on previous 2 crashed and spikes. IE price went down - i averaged down and went price exploded I was up Nicely.  Problem is I never sold and Price crashed

[BarstoolSage]

Thank you for your clear post DD. Like my first spec investment...I too averaged down a loser and ended up losing everything. Like they say, experience is the best teacher, but those tuition fees are awefully heavy. ...and sometimes you don't learn because I did that again....before implementing a discipline to never average down a spec stock and get out at 20% down...which I did not do once

[Damn1212]

@ Bar  What was the company you invested and lost it all on ?  Live and learn as they Say ! 

[BarstoolSage]

Consolidated Goldsec Exploration...was a revival play...traded down and I doubled my holdings....way back when....then it totally fizzled out. Also lost my position in an education software company on a receivership\then bankruptcy...cannot remember the name....also hung on too long in one or two more when I should have gotten oiut sooner....got greedy I suppose.

[Maxmoe]

Its happened to us all. Except maybe trump the supreme god of gaslighting. Using a stop loss is absolutely necessary even if you miss out on a huge rebound. 

[Maxmoe]

A clear and credible explanation. Bravo. Now at least .....consider my suggestion.  If you really can't sell, and are convinced it's going halt trading and go to zero, and soon........pick a charity and donate the shares to the charity. You get a charitable donation receipt at the closing price that day. No matter what the volume traded. Pick A food bank. The SPCA. Red Cross. Whatever

[BarstoolSage]

United Way went off my radar screen when they introduced Defined Benefit pension plans for their employees....before that I regularly gave them money as a good way to get it to local initiatives.....so I totally agree that there are better places to put your money to work Gotta watch charities that engage professional fund raising conpanies too...because a lot goes to their fees. 

[Maxmoe]

Absolutely right. Some of them are just shamelessly running a fiefdom. Everywhere I've lived or traveled I've found the local food bank to be very worthy and run mostly by volunteers not professionals. Decades ago I uncovered a big scandal at the local humane society. They changed their requirements for adoption to make it nearly impossible to adopt. Eg. If you had a job that required you

[Maxmoe]

See what I mean? I doubt it. Nobody can make that statement? How can anyone reach that conclusion? There has been zero communication. That's true. So how does anyone know how much anyone is being paid, or who is getting paid, or even if anyone is getting paid???? WE don't. So why make stuff up? Now let's review.  ........  Nobody is defending the company or anyone there