Thanks to both of you. Good to hear the other side. There’s a lot of hype in the thread which gets me amped and makes me want to buy more but I know I’ve got to pull back some.

I only invested a few hundred as a gamble. If it hits 6 cents or so I’d more than double my input so would probably sell some shares and let the rest ride.

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Posted by BitBuster

Lafayette

Member since Dec 2017

1441 posts

Posted on 1/7/19 at 10:46 am to quail man

Even though I know the risks, I'm still investing in LVVV, I'm just not taking out a 2nd mortgage to do so.

I think something like this is what everyone is wishing for:

quote:
Gateway Industries
Gateway Industries is a success story spawned by a black swan event. Gateway Industries "provides database management services and Website design and maintenance for national not-for profit, healthcare and publishing entities." The company traded for 1 cent a share and was not known to be an extraordinary firm, even within the penny stock market. The company had one employee, its CEO, Jack Howard, and did not seem to be particularly special.

However, on Feb. 11, 2011, it was announced that Robert F.X. Sillerman would be acquiring Gateway Industries. The announcement was completely unexpected. Robert F.X. Sillerman, a world famous media entrepreneur, needed a company such as Gateway Industries to fulfill his vision of facilitating interaction between television viewers and shows. The effect was instantaneous: Gateway Industries' stock immediately jumped over 20,000% to $2.97 a share, a move based on Sillerman's reputation alone. Sillerman then consolidated Gateway Industries with a handful of other firms to create his start-up firm, Viggle Inc.

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