RE:RE:RE:RE:RE:Still Waiting
Yajne wrote: Ha! Ha! Looks I'm renting a bit of space in your head Graham!! I am flattered that you actually took the time to dig into other companies I have posted on. Wow! Amazing time that you spend on a stock you don't own, or never intend to. Form your own conclusions folks, a deceptive fraudster, at the very least.
I have learned a tremendous amount from promoters like yourself.
the first thing I learned is that you're rarely going to be able to or willing to discuss the data instead make insults.
Personal attacks over discussing the actual company.
The purpose in investigating small cap stocks for me, was to learn about the behavioural biases that people have, and try to understand why people will purchase and hold onto stocks have little merit financially and how they can convince themselves and try to convince others to purchase those.
It's remarkable that someone would hold onto the stock for years when they continue to lose money, have no revenue, but will fix their brains onto some story that they believe when there's no data to support it.
It takes about five minutes to look at someone's post history to see what they're holding, And then you can look at the data , if you have a streaming data source and know how to analyze data quickly and see.
for this company, one can see that after a decade, the sales had been minuscule, less than 100,000 a year, yet have expenses of over 1 million a year. It doesn't take much math to understand that that formula doesn't work, and that all the promotion in the world, about sales in China, alliances with GE, new version of a machine that never sold… It doesn't matter, A business simply can't operate in this manner and ultimately requires more money to finance or operations. The problem here, is that these financing now keep getting extended and people aren't willing to give money anymore. Of course that's my opinion. Based on the data and people should do their own due diligence
I do find that older investors seem to fall for these stories,in financial realms, and other frauds that are recurring in society.
In terms of who people should trust, I would say no one. Trust in the facts and learn to look at the data and analyze the balance sheet, a profit and loss statement , and a cash flow statement and make your own judgement based on what the data actually tells you.
Learn to detect suspicious behavior , like when people response to seeing Factual data about their company that's unfavourable is to insult others, and make baseless accusations.
Those same individuals will disappear into the mist if a company stops trading, shutters up, and goes bankrupt.
Caveat Emptor