DNA Brands Inc (DNAX)

[Ed the Trader]

"Ed there are OTC STOCKS that run off of air. No news...no product."

I realize that it often appears that a penny stock takes off for absolutely no reason, but there is almost always some reason somewhere. You just may not have heard about it. It can be anything... a rumor posted on Twitter somewhere... a successful promotion... stupid people buying NEST without realizing they were buying stock in the wrong company. So many moronic things cause a stock... especially a penny stock... to soar. However, those are like miracle events... as in it was a miracle that you happened to be holding that stock when some moronic event occurred that no reasonable person could have predicted. On that basis, one should just buy anything and hold forever on the chance that lightning could strike. Chances are that it is a reverse split that will occur for any such randomly selected stock rather than a run in PPS.

Sure, it is possible that having DNAX become current could somehow trigger a moronic event that results in a miracle run.

I try to buy OTC pennies on the basis of the probabilities of a slightly less than miraculous run.