Thursday, July 24, 2014 4:42:47 PM
Trading stocks on the NASDAQ or DOW, is definitely different from OTCBB. NEOM was my first penny stock. 1st stock I ever held onto. 1st 100:1 r/s, first 15:1 2nd r/s, first perpetually failing stock that has had no rebound worth mentioning. Really ticked me off. It appears to me that most penny stock IPOs are designed to line the pockets of their creators. Some are good and have great management and a goal to proceed and profit. Most don't care and some have great potential, but through circumstances beyond their control, sell out to the devil and reap their rewards (The death spiral). When I learned how they short these stocks, there lies became clear. And the money to be made more often than not in pennyland stock market is through their failure and not the 100 in one successes.
Then again I could be wrong and or deleted.
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