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Great point that we forgot to touch on [USER=73328]@Austwide[/USER]

This is probably another point that newbie investors and traders are unaware of. I wrote a post about it on another thread, let me see if I can dig that up...

With small cap stocks it's easy to fall into the fund raising trap and end up losing so much of your hard earnt. Can I just say it bluntly on this forum: The Fcking directors on some of these small company stocks are pure marketers and they keep marketing the same pipe dream each time to raise funds and keep their pay packets going. Once they empty out the shareholder savings over many years, they'll move onto another small cap to do it all over again.

I've had some bitter experience with these type of scams, so just warning others to stay clear of these type of firms before your heart falls to the floor when the dreaded announcement comes from the asx or the company files for voluntary administration:

[ATTACH=full]128955[/ATTACH]

I do my best to weed out stocks that has these warning signs from the portfolios I post on this forum, but I don't have psychic capabilities to look into the future, so always DYOR. On a positive note, some of the promising small caps with the right management can do really well and be quite rewarding for shareholders.

<blockquote data-quote="aus_trader" data-source="post: 1133314" data-attributes="member: 72130">Great point that we forgot to touch on [USER=73328]@Austwide[/USER]&nbsp; <img src="https://www.aussiestockforums.com/styles/default/xenforo/smilies/thumbsup.png"&nbsp; class="smilie" loading="lazy" alt=":xyxthumbs" title="Thumbsup&nbsp; &nbsp; :xyxthumbs" data-shortname=":xyxthumbs" /> This is probably another point that newbie investors and traders are unaware of. I wrote a post about it on another thread, let me see if I can dig that up...With small cap stocks it&#039;s easy to fall into the fund raising trap and end up losing so much of your hard earnt. Can I just say it bluntly on this forum: The Fcking directors on some of these small company stocks are pure marketers and they keep marketing the same pipe dream each time to raise funds and keep their pay packets going. Once they empty out the shareholder savings over many years, they&#039;ll move onto another small cap to do it all over again.I&#039;ve had some bitter experience with these type of scams, so just warning others to stay clear of these type of firms before your heart falls to the floor when the dreaded announcement comes from the asx or the company files for voluntary administration:[ATTACH=full]128955[/ATTACH]I do my best to weed out stocks that has these warning signs from the portfolios I post on this forum, but I don&#039;t have psychic capabilities to look into the future, so always DYOR.&nbsp; On a positive note, some of the promising small caps with the right management can do really well and be quite rewarding for shareholders.</blockquote>

[QUOTE="aus_trader, post: 1133314, member: 72130"] Great point that we forgot to touch on [USER=73328]@Austwide[/USER] :xyxthumbs This is probably another point that newbie investors and traders are unaware of. I wrote a post about it on another thread, let me see if I can dig that up... With small cap stocks it's easy to fall into the fund raising trap and end up losing so much of your hard earnt. Can I just say it bluntly on this forum: The Fcking directors on some of these small company stocks are pure marketers and they keep marketing the same pipe dream each time to raise funds and keep their pay packets going. Once they empty out the shareholder savings over many years, they'll move onto another small cap to do it all over again. I've had some bitter experience with these type of scams, so just warning others to stay clear of these type of firms before your heart falls to the floor when the dreaded announcement comes from the asx or the company files for voluntary administration: [ATTACH type="full"]128955[/ATTACH] I do my best to weed out stocks that has these warning signs from the portfolios I post on this forum, but I don't have psychic capabilities to look into the future, so always DYOR. On a positive note, some of the promising small caps with the right management can do really well and be quite rewarding for shareholders. [/QUOTE]

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