Surge Battery Metals Inc. V.NILI

Writing a piece to send to Globe and Mail

[Chefboy69]

TSXV/CSE/OTC

 

They exist mainly for new companies to receive start-up capital. Money needed to run operations for the company to exist. 90% of the companies listed, DO NOT MAKE ANY MONEY.

THE ONLY SOURCE OF INCOME IS FROM SALE OF STOCK ( financing deals, private placements and so on) 

For the most part they will continue this cycle without ever being profitable. A sort of rinse and repeat

And for the unknowing and new investor they buy these companies and end up losing money. 

In very few instances( in my years only once) has a company uplisted off these exchanges and made me real money and continues today

 

This has been the modus operandi for the venture exchange and over the counter stocks for the last 100 years and will continue

No one talks about it and the media( BNN) promote these companies knowing exactly what they are doing, 

 

There are also a group of “boiler room” traders( day traders) that scalp the shares of these companies, creating pump and dumps and fast moving exciting stories. 

The new money is not aware and buys these stocks thinking they will profit and as they buy the traders are selling the shares to them. The retail new money ends up “”holding a bag”. Or Losing their own hard earned money

[1991nightmaress]

Uuugghh ! For the love of god , how many stocks is this "robinhood" on pumping the same garbage.. so basically unless your a blue chip stock your not a real company... wonder where Exxon started or ?????? What an idiot, hundreds of great companies on the venture and CSE  ...   

[Rocketred25]

This post has been removed in accordance with Community Policy

[Snakebite18]

Trust me. That articles not scaring anyone. Nothing no ones heard a million times over by everyone that's ever been burned  by the markets. 

[Chefboy69]

please name one(or 2) that you would HOLD for your family members?? i will reseach them..THANKS

[Snakebite18]

Are you kidding me. Let's start with TCF

[1991nightmaress]

Why not start with one you're on about right now (TCF)... get through the next couple of quarterly's and they could very well be on their way ....   It's all about risk versus reward, you want your 3% , go and put your money on a bank , you want more , this is where to be   You obviously have no interest here other then you've convinced yourself people want to hear

[Chefboy69]

what is the FCF of TCF?? what is the P/E ratio? what is debt to Ebidita? thanks guys...i will BUY this stock if i like the numbers NUMBERS....we are in the numbers game...NOT stock game peace out boys NFL is waiting

[Chefboy69]

again you did it AGAIN you mixed up what stock board you are on...this is the NILI pump board we should be in the TCF pump board??? right???

[Maxmoe]

I think you haven't a clue what you're talking about. As long as they do a surface level fact check your tome will go to the dustbin. Chef boy you must really be bad at this. Here is an old press release from 8 years ago. 600 graduates from the tsxV to the big board, the TSX. So that's not counting the untold numbers of little Tsx-v companies that were gobbled up and taken over or

[moneywinner1]

Two of you have valid points, nice to see two different views and two of them are true 

[Chefboy69]

Maxmoe...i will answer your question...You asked why i posted this all over stockhouse.. Answer- because its true why did you follow me to every board to defend this truthful post?

[Maxmoe]

The word is dispute, not defend. And it's UNtruthful. Shall I keep looking or did I find every board you dumped this on?

[Chefboy69]

mehhh i don't care...the only people you are scalping from are other traders NO MORE DUMB RETAIL IS LEFT IN THE MARKET next week interest rate will be 5% Bye Bye