RE:Ivanhoe was never a penny stock. Market cap was 1.5 to 3BYour advice is worth less than what I pay for it because if I bought your nonsense I'd panic out at the bottom, and if I recall would also have been buying aggressively at the top.
And yeah, poor poor Robert - bet he's just wishing he could sell his stake right now! If only he could convince CITIC to take it off his hands he'd probably be out and following you to whatever it is that you're pumping now.
Johnnyola1 wrote: and that is now the problem, as I theorize only penny stock investors can at this time buy or add due to the change in the law, where funds will refuse to add further. What I theorize is at least logical. Imagine if you ran a fun, and one of your underlings had made a bet on the congo, and now you are down a lot on that bet. When the fund reviews their holdings I would think the managers would have the sense to say, "we made our bet on the Congo, but the government screwed us. NO MORE CONGO." ....Is this such an irrational position. Funds aren't supposed to invest other people's money in starry eyed, high risk shots, "taking a chance."
Starsearchers posts are excellent.
People here can still get out. You just get a scar, an expensive tuition. Robert cannot sell at all. If he dumped 10 percent the stock will get murdered.
Peter Lynch perhaps the greatest fund manager of all time with Magellin, always said he admired retail investors because they could get in and get out so easily
all my 2c and worth what you pay for it.