Post by
AlfTanner on Apr 13, 2024 4:48pm
Never trust a company with over 200M shares
A very good rule of thumb when investing in small companies is to NEVER invest in a small company with over 200M shares. When they let the share count bloat over the 200M mark, it is usually a good sign that the company is a scam. I thought I had learned my lesson with the 200M share count rule, and then I invested in this steaming pile of dog poop. I do not think I have EVER invested in a small company with more than 200M shares that has actually become successful. They all just endlessly dilute, and they never make money. They always have a liar at the helm who tells a good story but never produces results. Maybe this will be the time I finally learn this lesson.
Comment by
SuperTrader1970 on Apr 15, 2024 10:46am
Never trust a company who makes big claims. One old man and one outside man making big predictions was a big red flag. They cant deliever. Expansion is out of the question.