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Biotech / Medical : Health - Oriented Nutrition Products
FITX 0.000010000.0%Oct 31 9:30 AM EDT

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To: JayEl who wrote (7)4/20/2013 9:51:31 PM
From: Observer  Read Replies (1) of 31
 
JayEl, it has been my experience that pinks move for no reason either way. This one is the only one I have had that actually has products and revenue. The problem I see is that it is pink. The MMs make money no matter what and are prone to keep it down so small investors can get in. Typically these small investors can't afford to lose which causes them to lose 99.999% of the time. The MMs collect the crumbs then rinse and repeat. It's quite a gig for them. They have absolutely no incentive to move the price up to a reasonable level. They would lose their cash cow.

The real solution is to up list and hire an equity manager. The CEO shouldn't be managing the dough he should manage the business.

SIO
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