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Technology Stocks : PHGI -Perihelion Global, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: gatekeeper777 who wrote (80)	10/12/2005 10:47:00 PM
From: creede	Read Replies (1) \| Respond to of 827

777 - this is my take on flamingos(pinks). Some people think that most pennys that tank are scams...I don't think so. I just think that most pennys are bad ideas, bad management, bad timing, etc...funny how people are so afraid of a scam that they are constantly screaming "scam" when things go bad. I think real scams are rare. Unfortunately, plain ole failures are not. Well, the reason I like pinks is because they can have the ability to move on PR's. This can make for some quick returns because PR's are often released several times a month. Contrast this with a blue chip that typically only responds to quarterly reports...you know what happens when the report doesn't measure up to expectations...the stock goes down or stays the same...now you have to wait another three months for the next report. Pinks often double in one day on a good PR(look at MOTG today) and tank in one day on a bad PR(look at IGTN). I have a friend that likes to point out that we can have 19 losers and one winner and the winner will make your entire year. This same friend bought HISC @ .0015...I think he had 2mil shares so he spent 3000.00. On the run HISC had to .14 he sold all but 100k. I don't know exactly what he ended up making but he did say it was above six figures(not to mention the 100k remaining is worth 8000.00). Can you name a blue-chip that had that kind of returns in six months? RIMM went from 10 to 100 but is still just a ten bagger. HISC was a 100 bagger. Funny how wall street wants us to think less of ourselves for investing in pennystocks. Perhaps it's because they want us buying from them. Last of all, IMHO, VWKM is not going to dry up without major news. We just have too much supply(300 mil at best) and not enough demand. I would not be in this stock if I was hoping to catch a quick 3 bagger. I am holding because I think there is a chance we might catch something big. Could you imagine what kind of response we would get if news breaks that we have a deal with direct Tv? Then we wouldn't need a Orlando spy. All I would have to do is run over to my dad's house. GodBless-NoDoubt cris P.S. There are alot of pretty solid pinksheet stocks out there. This one just happens to be as jaded as the come.