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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we?

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To: Thefly who wrote (1692)11/12/1998 10:32:00 PM
From: Warlock  Read Replies (3) of 3171
 
FLY,

First of all, I began the thread as an impartial investor. I in no way presented information to "mislead or deceive." When I was retained by the company (beginning Nov. 1), I immediately announced that.

Secondly, concerning "investing." This is exactly the kind of garbage I asked you to refrain from posting without speaking with me first:

90% of my "investments" occur in the listed exchanges. Long positions, shorting, options, IPO's, etc. If you are interested, we can compare "investing" strategies sometimes.

The other 10%, consisting of BB stocks, is not investing. Buying stocks on the BB is SPECULATING. There is a drastic difference. . . when a company doesn't even report to the SEC, it is not possible to term it "INVESTING"

The OTC BB is not for the weak of heart. Its a lot like Vegas. The risks are high, though the potential pay-offs are big. The majority of companies are scams, and are only good as momentum plays.

As I've always stated, no one should invest any money into a BB stock that they couldn't afford to lose.
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