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Pastimes : Pennystock Experiences: The Good and The Bad
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To: TOPFUEL who wrote ()11/10/1998 10:16:00 AM
From: Howard C.  Read Replies (1) of 34
 
What I learned was NEVER invest in a company that is not a reporting company. If they are not reporting, there must be a reason for it...they either are hiding something, are too incompetent to put together financials acceptable to the SEC, have their priorities screwed up, are too cheap to hire a CFO, or just don't really exist. I guess this means that 99% of OTC-BB companies are not worth investing in. And to be a successful day trader here, you have to be a born liar, hype when you're selling, and vice versa. I guess there are enough of those to go around. And finally, if you DO hit a big one that doubles or triples in a short time, for goodness sake, SELL it and run.....memories of MTEI.
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