Converted Organics: Greed, Fear and Greater Fools [View article]
I to have been following without buying. Only my couristy started back whenit was at $2.50 a share and would goes for days without a single share trading.
I found it facinating that COIN could buy equipment from a Canadian penny stock firm that went bust selling and marketing the equipment yet you could buy this equipment and instintly have a multi million dollar market cap despite that the manufactor of the equipment is now worthless.
There were many troubling signs that I saw. I even tried shorting when this great growth company was not seeking labor needs for it's growth - THANK GOD SCHWAB WOULDN'T LET ME SHORT COIN!!!! But I still say it is worthless.
Notice the cartoon drawing for the product they are trying to sell?
Converted Organics: Greed, Fear and Greater Fools [View article]
I found it facinating that COIN could buy equipment from a Canadian penny stock firm that went bust selling and marketing the equipment yet you could buy this equipment and instintly have a multi million dollar market cap despite that the manufactor of the equipment is now worthless.
There were many troubling signs that I saw. I even tried shorting when this great growth company was not seeking labor needs for it's growth - THANK GOD SCHWAB WOULDN'T LET ME SHORT COIN!!!! But I still say it is worthless.
Notice the cartoon drawing for the product they are trying to sell?