I wanted to ask you a question over here, away from your "buddies" on your favorite thread...
How come people still keep buying so many junk stocks on the OTC BB? I took a look today at the top 10 OTC BB stocks on Monday (in volume), which included ONTV, ALFN, FSOL, CAGI, BIDN, CITN, WCTI, EINI, GDIS, and WAVX, and found they were all being hyped by promoters. Only one of them (WAVX) even bothers to file financials with the SEC, probably because they are trying to get on the Nasdaq.
Must be nice to be a day trader and have all these gullible people helping to drive a stock's price up, if only for a short time! It looks like the old rule still holds: 9 out of 10 OTC BB stocks are junk!
Incidentally, I'm thinking of another Jane right now, a lady I know in northern California who I am hoping to take on a trip to New Mexico. |
