Saul,
Many people have responded to your first post on this thread. I think there are valuable lessons to be learned as I look at the situation with these three penny stocks. I also think we’ve have an some good debate and discussion. There was valuable commentary and discussion added after you posted about these stocks. That’s what this board is all about.
Let’s think back to AEYE. You first disclosed that you bought AEYE. I don’t think that you actually ever recommend any stock but rather you disclose what you buy and sell, the reasons for your trades, some of the facts, and your opinion. You were enthusiastic about AEYE’s revenue growth. This led to some lively discussion and some great analysis by mekong who is a trained accountant. I think the whole experience is a great learning opportunity. I would encourage people to go back and reread the posts and really take in how this all unfolded. I think you wrote that you were worried about the less experienced investors following you and losing money on AEYE. If this did happen then I think it will help them in the long run because the lessons provided will likely prevent them from losing even more money in the future and they are now more prudent investors as a result. More experienced investors are less likely to deploy large amounts of their capital to highly risky companies.
I have noticed that since your “apology” which I agree was unnecessary, it seems that you are more reluctant to disclose to the board all of your trades. For example, you mentioned that you invested in some more small companies but you haven’t disclosed what they are. Maybe it’s true or maybe not. What ever the case, I feel strongly that when you disclose it leads to discussion which leads to learning which leads us to become better investors. I would hope that you also benefit because we can add our opinions and experience which might provide you with something you haven’t thought of. Not everyone will agree with you in every case which can add to the learning even more because it either a) allows you to provide deeper explanation of your reasoning and method, or b) leads you to change your opinion.
Chris