I'm sorry to hear you took a hit, but the old truism of 'not putting all your eggs in one basket' is nowhere more applicable than with development company stocks. And, the OTCBB and Pinksheets are where most development stage companies have to start out. Not everybody in the freakin' country with a 'Segway' idea is related to Don Trump, Bill Gates, or Jeffrey Balmer.
Even the companies you find that are really solid can take a sound thrashing from the MFMMMs and the other ManipuPricques and Hedgies, requiring some staying power and strategic averaging until things turn around.
The alternative is to be a day-flipping pop-layer dependent on fall-out from el Pumpo emails and hype of the RB Niz Board. Of course, some people on this system are working off of inside info like they used to get from that recidivist SOB stock crook who is now doing 25 years in upstate NY, Anthony Elgindy. His Short-n-Bash Subscription Service that subtended from his presence here on SI dsitributed company-trashing information he obtained from his corrupt FBI informants. Those people seem to do well, since they clearly have an unusal advantage.
The squealing whiners and typically uninvolved SI Snob Stock Know-it-Alls never have much to say when the mini-micro companies turn around and come roaring back. Example: HLSH, which was 0.10 when I stumbled across it on a Pinksheets homework search one evening - it's now $4.00 a share. I started the NNVC Board when it was 0.22, collected it down to 0.10, and it is now $1.08 after hitting highs around $3 - and it isn't really even rolling yet.
There are several Pinks that currently show huge promise. LFWK is one of them, RSHN is another, and then there is BIPMF that is a Graysheeter about to be updated back to the Pinks. They are bringing out new phage nano-technology in the medical testing and therapy fields.
LFWK went from 0.02 to 0.09 this week, settled around 0.07, and the CEO has already stated that revenues and profits are such that a jump up to the NAZ is doable with no r/s. Show me a snot-nosed sputterer's Snob Stock that did that well this week..!!! LFWK becomes SLJB on Monday, and looks like a ride to $2+ from there over this next 6 months. DYODD or DYOBooHoo, aye............
OTCBBs, Pink and Gray Pennies take a helluva lot of homework, most people don't have the energy for it. Nor do the self-serving speculators ever make any attempt to help these companies by being a proactive stockholder. Like most things in life, you basically get back in accodance to what time and effort you put in.
John :-)
. |
