Its Dividend Day (DIVY)

[rrufff]

If you check my posts, you'll see I raised some serious issues re PVX and its kin before the 50% or more haircut. Given the premise in setting up this board that it was kind of a sure thing and given the premise that it can be compared to crap pinkies, etc., the market has proven that my own diversified approach is really the only way to go, at least in my own opinion.

Clearly, comparing pinkies and pennies to dividend plays is apples and oranges. Sometimes an apple is good for you, and sometimes an orange is good. Sometimes tainted produce can kill or seriously sicken you. Personally, I think that non-reporting pinkies should not be allowed to trade, but until the SEC does this, pinkies are good for extreme gambles. Reporting OTC BB stocks can be even better in my opinion for those willing to take risk and which have a bit more transparency that prevents exponential dilution and manipulation of the pinkies. One should never do any of these plays with money that is needed to survive. Even stocks mentioned here probably should not be played by those who absolutely need the money over the next couple of years, e.g., for bills, mortgage, college, etc.

In any event, despite the risks, I'm now buying PVX and EPD, 2 oil related dividend plays.

At this point, with PVX touching the 5 area, the risk to me is worth the play. But, again, continue to realize that there is no sure thing. This area has risk, that's why you have yields as high as 20%. Many of the crap pinks I follow have performed better, but again, apples and oranges.