Re: Continues to surprise
posted on
Oct 08, 2014 10:06AM
Revenues don't matter if you are not making any profits and are diluting heavily to survive. GTAT has hundreds of millions in revenue and they just filed for Bankruptcy. Its an old school scammer trick to run another companies revs through a penny stock, just so they can fool investors and dump stock, when in fact those revs don't make any profits for the public company. This imo is why they are hiding the structure/terms for these deals even after they said they would put out an 8K detailing how revs are calculated. Wheres that filing?!... GHDC has to give out hundreds of millions of shares per year to pay for insiders at these levels and if how they ran SFMI is any Indication, the major handouts are coming end of year... The key to investing in highly speculative stocks is seeing future catalysts early and preparing. In pennyland, if you wait until the negatives are made public, you will always be behind those in the know and lose a lot of money. This is why SFMI sold off so heavily before the longs figured out how bad things really were, while the BLATANT red flags were there all along.