Originally Posted by
cbsh38584
Bulmont was 0.015 in 2011. In 2013, it goes up to >2.50.
So if U will to invest 10k in 2011. It became $1 million b4 it get suspended in 2013.
Fool me ONCE , shame on YOU.
Fool me TWICE, shame on ME.
Fool me the 3RD TIME, so STUPID I am.
Fool me the FOURTH TIME, I need to be CONDEMN.
Fool me the FIFTTH, SIX TIME ... I am really hopeless.
LISTENING TO HEARSAY/HERDINVESTING/GREED
DO NOT fall prey to herd instinct. Avoid making big financial decisions based on hearsay. When U make any investment, if your mind is focus on high return as 1st priority . Then U will be easily blind by the risk you are in. Majorities Retail investors see high return 1st priority when they buy share. They ignore the high risk. They like to play speculative penny stocks due to it low cost & high liquidity with High profit.Long term, they will suffer through big losses due to their weak emotional trading behavior. Too painful to cut loss. Hesitate to cut loss at the initial stage. Hesitation can be very costly.
rdgs,
Vic
If I had invested in blumont at that price point, i would have ran happily if i made 50k, not to mention 1m
BTW I was watching the action this morning, came down from 2.02 to under 90 cents every exciting minute. by 945 is was over
When you have eliminate the impossible, whatever remains, however improbable, must be the truth