IMHO, when it comes to penny stocks, too many individuals are ready to blame dealers and not willing to face the realities of the OTCBB & pinks, which is to say the realities of many of their constituent issues.
I would add that anyone who is willing to place good money in the speculative [you are allowed to read "gambling" instead], world of penny fleas is asking, no correct that, begging, to be fleeced off their money.
In short, the mere fact that in the world of pennies, the companies, (ya sure!), barely report to the SEC, is nearly a "license to steal".
I will never understand such death wish, (for their money), in the part of any individual venturing in the pennies. Particularly when, an easy alternative, there are good companies out there that can be either "traded" or invested, with the risk/reward relationship more in their favor. --Opportunity cost ?
My belief is that the great majority of people have no idea of the difference between "investing" and "speculating" --let alone "gambling" <g> Then, on top of that they blame others for their own... 'lack of wisdom'. |
