RE:Cdn Securities
one path you may say my comment is naive and dumb but you too missed the whole point of what I said. Let me ask you something. Are people gambling in stocks to investigate companies to make their living or are they gambling just throwing money blindly and seeing where things go. People should investigate and due a very careful due diligence of companies not think they are missing the boat and opportunities in companies that may have made gains or rapidly rising. People just act blindly wanting to take advantage of something that is how and they can make supposedly quick and easy money and that is why let's face it they come to pennies because they think that is the case. Yet they won't go to the proven established stocks why because seeing a 2 to 4 times gain over some time is not as good as seeing a 2 to 100 times one on hyped up pennies is good enough? Now the issue of shady business is it our job to catch them or the regulators? If you suspect a stock is bad just say so that it doesn't look like it will succeed and even so as I have said what right do we have to say something is shady again when we can not prove it just say this looks like a bad investment choice where too much is being promised and it is not likely it will be fulfilled. Again you can't equate no product no revenue with illegal activities unless you show it very tangibly in which you have to prove through documents no real intent to ever deliver on what is being stated. Penny stocks are all based on concept and plans to bring things into being. There are tiers of stock exchanges which correspond to where companies are in their development progress as well as capitalization. Folks the CNSX is a very low tier exchange where I would take it as all the companies unless proven otherwise have nothing tangible and are exploratory. I think the Exchange needs to do what the TSX does and that is break the pennies further into tiers there is the TSX nex and another I believe prior to the more main tier of being called the Venture Exchange. These lower tiers are companies that are still working through concepts making arrangements to get tangible things as well as increase awareness and capitalization. Many companies list on the CNSX because they want to be seen as on a higher tier than being one classified as an exploratory but may well be just that. Many move between the Venture and the CNSX. Folks there is lot to all this and you need to understand how things work and what is and is not shady again a lot of which good luck proving. Now regardless of all this if one uses pre-planned moves and strike points all this will not matter mostly. Unfortunately if you are holding and no trigger points either up or down are reached and there is an adverse halt you will lose heavily by as much as 50 percent or more you can't do much about that one possibility but otherwise yeah you can so all this thing about shady business etc I'd really subterfuge as far as I am concerned. Like I said this isn't rocket science just figure out your max loss point how much you want to sell and do it. Like wise figure out you minimum profit desired and amount to get it and do it. In the 1980s when my Dad was gambling his broker's said if you are either 20 percent up or down you sell everything and buy later. What I am suggesting is strategically trading so if the stock runs you have 50 to 75 percent if it drops you take your monies out at the determined price and say use 20 to 50 percent whatever sell and buy later when it levels if only if you think you can make money doing so. I have not stuck to this so I lose when I do I am on the whole a lot further up has absolutely nothing about me needing to concern myself with shady or non shady but you guys keep talking about that that really is a moot point to me...price triggers I have found is the way to go just my opinion but again go ahead focus on what you wish I will on better sticking to Mt price points in the coming year like u said for me anyways best to wait things out I have more chance of recovery than if I don't which I sell that is 0 but yes on the flip side I could lose the rest which really is not much more to lose so better to roll the dice for me again on me not this company.