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.... ---
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.
Converted Organics: Greed, Fear and Greater Fools [View article]
---
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
Converted Organics: Greed, Fear and Greater Fools [View article]
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