RE:RE:RE:RE:scarletspider is a pumpNdump scarri
at one time I had $72,000 invested here. I stupidly sold out cwx a divie stock that i was getting about $1400 a year because i wanted to grow exponentially. I held some really good stocks pyr being the best but i sold down and out and let the real good ones go. I have said many things all true and where i am because i was stupid in not knowing how to do things and when told to take monies out on my gains i ignored people and ended up selling at heavy losses. I pulled 40k out of stocks when my $72,000 got nailed to $53,000 where i held 13,000 nxo shares and some hpq shares both of which did significantly better from where i sold from. It is because of my stupid mistakes i have been trying to keep coming up with my strategies that would work. I was ballsy with mrs i was suggested to sell at .12 on a double and the person who suggested it God bless him has been helping out of his good will for me. I ignored it when it dropped below .12 even though i was going to sell and i just rolled the damn dice
With Cbii I had been biatching at how undervalued it was and I didn't want to sell at anything less than a buck initially but i came across mrs and saw there is no way it should be as low as it was so I bought part shares here and part shares in mwm which got consolidated on a 2-1 basis . The company embellished the truth got halted and I had thought to try to give it a second chance but i gave my reasons why i broke my word there like i said there is nothing for me not to be honest about. With the monies that i took out of the stocks and having my current position i bought 40k worth of comics two of which cost me $23,500 Canadian--two copies of Amazing Spiderman 1 which i am holding for at least 5-10 times what i paid but nothing less than a double worst case if push comes to shove otherwise i will give them away in time to who I don't know yet. But when i showed my stuff on Facebook people questioned my integrity. I had invited them to come down to where i live and i will pull my books out of the vault where i hold them.
I am about as damn hungry as it comes my total is not impressive because of doing things wrong but when you look at the gains at 136% I am not sure how many people can boast that? And i am nowhere done. The mistakes i have made I call them a billion dollars worth because that is what i am inevitably after. I know what i am up against to get there I will not fool myself but where there is tenacity passion and drive there will come success. To me it isn't what i have right now it is what i will build and be grateful for.
My desire is for this portfolio to be $10,000 plus this year but by the trajectory i don't see that happening and prepared for whatever happens. This too when this was as low as $800 so the equities have done really well and I am pleased to that extent but not quite where i would have wanted them. I wanted this to be no less than .50 at this point so be as it may. I wanted nxo to hold a buck if nothing else but desire it at $1.50 it is low .70 dropping from .95. I wanted cbii no less than .40 it is finally getting there.
Where i held shares that blew up i sold them without holding a portion to at least not feel the loss of all of them and the reason I am now lookng to hold at least 25% of my position longer term so please folks get this part right I never said i will not sell ever impossible but i did say that a quarter position i will hold indefinitely. I sold once again the mwm because i didn't want two ppe based companies at least where they are right now this is more than that and so is mwm but because they "embellished things" it is hard for me to trust them just as people are having a tough time here due to lingering past sentiments. I said on mwm that i will be following them and when they get their digester business going i may reinvest in them. They don't have anywhere the revenue but quite a fewer less shares, however, they have been shady in their dealings and overall a weak company but anything can change on a dime. That said, when i went for hrh from the monies out of mwm i was thinking longer term hrh for the ev side of things. I gave a .10-.20 conservative year price mainly because of stacking the share structure with things like egt and others out there but it is possible it can pull a dya which has more shares and trading in the 60's there are several other factors but my price was as i said conservative and one that it would need to have very strong revenue and high gross profit margins to offset the 166 million plus os. In any case, you see where that is i bought that yesterday!
Bottom line, I have to remind myself not to make stupid promises on the boards--keep my damn mouth shut and when i have fulfilled my promise what is left of it--like i said i despise breaking it on mwm but i was honest about it--over here i will keep waiting and will be extremely loathing to do the same so i will hold and restrategize which based on where things are--i may break form with hrh because ev's are hot so i may not double out even though i said it is likely i will i don't 100% know now. I will have to figure things out to make the best economic decision while holding as hard to my promises as i can. if the equities are going up even slowly it isn't as much a problem than if they go back--so i don't want to think that way with this equity but if it does i will lean on something else if they make what was needed like cbii or hrh nxo is off the table indefinitely until it hits first $10 then i will see. hrh i don't want to give cheap knowing the interest hype that is coming on evs. As much as bottom line trust me hype can do wonders too.
At this point, I will take things whichever way they come--legitimate, hype whatever I won't be fussy. In the past i would talk about stocks being hyped up even those that i held but I will not do that anymore anymore than i feel loyalty or as a part owner. Everything is simply now instrumental to me to exponentially grow not to mention I am a lay person after all. I have laid out my calculations very simple revenue divided by o/s no multiplier on anything other than EBITDA positive if not net profit which i use 4 times once net profit overall i use the typical 20-25 times some go 30 times that is how i try to decided when to buy and if things are in my eyes over or undervalued which i will no longer bother saying too much about as much as possible. Again, it is simple for me--I follow my strategy--if shares don't hit my strike points i hold they do i sell a predetermined amount. I may well waive this on hrh i am undecided, but one thing is i am no longer in any rush to sell shares or see good stocks get dumped out and have none left. I am not looking at get rich quick but yes i seek 1 billion within 20 years. Do a simple math take 10,000 and double it every year within the 17th year if i am remembering properly and my math is right you will be at a billion that is the power of a double every year!!! People are looking at 20 50 plus shares simple doubling consistently will do wonders.
Yes, i talk so much for what you think i have chump change but I am very hungry and very driven and extremely passionate eveyrthing else will follow.
That all said it is great that my account is your weekly spending you are obviously doing really well congrats. One thing about me, I want people to make boat loads of monies and would prefer people don't play games while doing that but if they do i hope that they will be generous in everyway possible and preferably to make their monies from not doing that but we act in accordance to our natures just as i do mine. I want to paint the world green that is my raison d'etre but i will need more than 4k lol!