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Microcap & Penny Stocks : GIFS

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To: buzzlite who wrote (6075)5/3/1997 12:02:00 AM
From: Caroline   of 8012
 
Welcome to Catch 22 of the stock market.

If you invest in OTC's, your odds have tripled against you. The SEC doesn't have time to go after every pink or near-pink sheet on the OTC.

(Hey, speaking of, whatever happened to that court ruling in which some judge let GIFS trade over pink sheet status. Never did get the lowdown on whether that wasn't just more junk.)

So people like us, who want to invest in enough shares to make a decent profit, end up with the cheaper, less reliable stocks.

Use the internet to contact people in the area of the company's business.

Or, be like me, and never invest in a bulletin board stock again.

Good luck,

Caroline
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