The other day a friend of mine sold 300,000 of SFMI, someone bought them. What idiot bought them and why? We both bought SFMI on the hype generated by the hype masters with a speculative potential.
We were both up on SFMI but didn't sell when it hit 40 cents plus because we got caught up on by the hype masters of what was coming instead of the cash on hand and revenue to fund their company. We both blame ourselves for being duped.
No more pennies for either of us. Even his broker laughed at him. Too much speculation and false promises on what could be instead of what is. PROFITS and GROWTH.
My last play was WDC at $60, I recommended one investor in the BRVO arena to invest in WDC. Today WDC is $86 and pays dividends. The stock is climbing steady.
My main point is... WHO IN THE HELL IS STILL BUYING SFMI? The IRS only allows for $3000 of stock losses a year.
Is the SEC pursuing BRVO management? If so, what will the outcome be? If BRVO loses, what will it mean to BRVO? It is all speculative right now. I take all opinions as opinions and not as facts until the Feds make the ultimate decision.
April 14 is another expected report coming from BRVO according to Red Chip. What will be in the report? Is there growth?