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Pastimes : Why are the OTC-BB stocks dying??

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To: P.T.Burnem who wrote (68)8/17/1998 2:28:00 PM
From: Dr. Harvey  Read Replies (1) of 115
 
Actually, I disagree that we will see the indices confirm. This correction could be seen a mile away by those not caught up in the market hype. However, we may already have bottomed on this recent drop, and I would anticipate that any stock with earnings and/or sponsorship will do very well in the next several months.

The problem is there are just way too many companies that don't perform, and as a result people are going to lose money in them.

A prime example is ACTC which is headed for the BB from the NMS.
These guys has worn down investors and brokers and have used up all their good will.

But companies like PRFX, that are quietly growing sales and are close to positive earnings will be at the forefront of the large percentage gainers as they become more visible to Wall. St.

I have been slowly building a position there, and I am convinced it is a $12-$15 dollar stock in a year.
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