Nano, in mathematical and scientific worlds,
is significantly small than micro. Nano is
measurements down to one-billionth of a unit,
like one-billionth of second, a nanosecond.
Macro, contrasting this, is very large, like
macrocosm, another word for our universe.
In our universe there are macro-crazy people
investing in nano-tech stocks. Remember the
dot com bubble, the Enron bubble? Well, a
nano-bubble is in the makings, is huge and
about to burst.
Mad Cow! Bush "Fly Me To The Moon" lunacy!
Millions of macro-dollars lost because of
jumping on some square wheeled bandwagon
being drawn by a jackass.
Nano-technology, I see investors chasing
after, jumping on the nano-bandwagon. Lots
of losses in the makings.
Investors are buying nano-tech stock simply
because somebody, somewhere, brayed like
a mule, "Nano-tech is hot!"
Currently, there are many companies with
no income, high debt, default loans, on
the verge of bankruptcy, with stock prices
skyrocketing on a macro scale. Prices are
up anywhere from fifty to three-hundred
percent, for worthless stock.
USGA, have to laugh, have to feel pity.
Looked at it at .75 per share, decided not
to buy because they have no financial
history, have no revenue worth mentioning,
and appears to be a typical media blitz
type scam worthy of Las Vegas, a city
where all visitors never lose money.
Good ol' USGA jumped to 1.50 or so, then
promptly fell to .95 per share. This was
the first roll of wheels for a bandwagon.
For reasons beyond me, someone shouted,
"Mad Cow Stock!" and ZOOM, prices took off
soaring for USGA, a stock which has nothing
to do with Mad Cow.
Another player steps in and shouts for
emphasis, "Nano-tech Stock!"
Now USGA is trading over 2.00 per share.
USGA has a value of .75 per share.
BIPH, no income, no sales, heavy RED INK,
absolutely no financial history other than
sucking up money for research, another
nano-tech stock with no future promise.
Looked at BIPH at .40 and decided to wait
for prices to fall to realistic levels.
Another mule brayed, "Nano-tech Stock!"
BIPH is at 1.36 per falling from 1.65
per share. The bubble is about to burst,
on a MACRO scale.
Look at BIPH. Most recent 10Q shows almost
a million in losses and research aimed at
MRI devices, a dead-end industry, despite
heavy media blitz for FONR, a stock rising
despite increasing losses and falling sales.
I am sure you have heard radio advertisements
for FONAR, any position MRI scans.
Do yourself a macro-favor, don't jump on
the nano-tech bandwagon. It's a macro-bubble
about to burst and turn into a blackhole,
a huge blackhole which will suck in your
money and your sanity.