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Purl Gurl » Comments » COIN

  • Converted Organics: Greed, Fear and Greater Fools [View article]
    Phillip, for trivia, this is a partial snippet of comments from an article I wrote about COIN back in January of this year.

    ---
    The background and business plan of this company appears
    to be legit. I have not found anything suggesting scam. Their
    bond does suggest all is appropriate. What I read looks to be
    good and well planned.

    This company seems to good to be true, yes?

    This announced dividend will have a mild dilutive effect, but
    not too serious.

    Only problem I see is this company's share value is two or
    three times what should be for a developing company. No
    revenues, no proven model, as of yet.

    Volatility is high because of the very low share float. This stock
    is also being pumped. I read people claiming a share value of
    $100.00 per very soon. I do not think so!

    I see a speculator bubble which will eventually burst....
    ---

    Not too difficult to see this crash coming.


    Okpulot Taha
    Choctaw Nation
    Mar 10 16:29 pm |Rating: 0 0 |Link to Comment
  • Converted Organics: Greed, Fear and Greater Fools [View article]
    Nice article, Phillip. COIN is in the process of crashing, as expected, down twenty-two percent as I type.

    This COIN is a classic pump and dump which only the most naive of stock traders would miss. Clearly, a majority of today's online traders are quite naive.

    However, COIN makes for good shorting profits.

    Okpulot Taha
    Choctaw Nation
    Mar 10 16:03 pm |Rating: 0 0 |Link to Comment
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