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Pastimes : Why are the OTC-BB stocks dying?? -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (101)8/18/1998 6:53:00 PM
From: Jeffrey L. Henken  Respond to of 115
 
That was funny! I drink one Dr Pepper a day. No other caffeine.

Ok how about some of the OTC BB stocks I follow but do not own. Here is a couple of star performers today ECHO and PNLK both up over 20%:

quote.yahoo.com

quote.yahoo.com

No news today on either of them. PNLK is up more like 50% in the last two days. I don't own either of these stocks and I am certainly not recommending them but they are prime examples of why I say it is too soon to say the OTC BB stocks are dead.

I just noticed ECHO has a message board at Yahoo. It must not be a OTC BB stock. I offer my humble apologies.

Regards, Jeff



To: Joe Copia who wrote (101)8/18/1998 11:04:00 PM
From: ayahuasca  Read Replies (1) | Respond to of 115
 
Would LVLT qualify as a BB stock that made it? LVLT was KIWT which traded on the BB market.



To: Joe Copia who wrote (101)8/19/1998 12:06:00 PM
From: Jeffrey L. Henken  Read Replies (2) | Respond to of 115
 
Interesting article here on the difficulty of stopping scams in the OTC BB stocks. Even the some of the new SEC rules will have a difficult time making them disappear:

businessweek.com

I think it's really important to invest only in those OTC BB stocks that are reporting companies. If they are not a reporting company(and even if they are) then due diligence must go far beyond what one can determine on a normal internet search. Investors have to pick up the phone and talk to someone in management. You still can't eliminate all the risk involved but it helps.

What do you think Joe? This is what I have been doing with my OTC BB stock investments. I bet you do the same.

Regards, Jeff