Korean Job Discussion Forums

[mises]

Where did this thread come from? And what is it about?

[mindmetoo]

[OneWayTraffic]

What many supporters and investors in small companies fail to realise is that even if you have a good product, and a market for it, there's simply no guarantee of investing success. Small companies tend to be poorly financed and just a few bad decisions or runs of luck can sink them. Even if they survive, it can take years for them to grow; many never do. Of those that do make it, some are bought out as soon as this becomes obvious, bringing profits to the accquiring company rather than the small shareholders. Others find that their original ideas are quickly copied by larger companies with larger R&D budgets, manufacturing capability and expensive lawyers to help get around patent issues. Of course some become the next Microsoft or Intel.

Hence the appeal in penny stocks.

I remember Peter Lynchs statement on great idea companies but which are not currently profitable. "Every time I feel tempted, I remind myself that you can still get tenbaggers on stocks with actual earnings." Since my investment since then on penny stocks has been less than sucessful, I've learned my lesson and when I next received a large lump sum for investing, I put it into a ETF index fund. Up 8% in 3months.

I will go back to stock picking when I have the time to put in serious research than kidding myself that this company will boom just because I've heard of it.

[fiveeagles]

Looks like Beaver Brains has been proved wrong ;

Aqua-Pure Earns $2.1 Million in Q2 2011AQUA-PURE VENTURES INC AQE 8/30/2011 10:24:00 AMCalgary, Alberta CANADA, Aug 30, 2011 (Filing Services Canada via COMTEX News Network) --
Aqua-Pure Ventures (AQE - TSX Venture), the premier recycler of oil field wastewater in North America, today announced results of its second quarter ending June 30, 2011.

The following are some of the highlights:


http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=8290784