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Re: money6870 post# 24060

Thursday, 06/19/2014 12:26:55 PM

Thursday, June 19, 2014 12:26:55 PM

Post# of 97686
Yeah, if the people with shares had actually held them with through all this buying it would be way up there by now.. but as we all learned a long time ago, the OTC market is not what it used to be. It used to be traders who knew how to pop stocks. Now its just people who picked up a copy of "Penny stocks for dummies" book and the moment they see a whack they run. It's been downhill for a long time and will most likely get worse as the old traders are not investing much anymore due to the amateurs killing the market.

The trading 10 years ago so so different. Momo on a stock would usually go 3-4 days before mass selling would start. Now most stock can't even make it up 3 ticks before it falls right back down.

I rarely even buy pennies anymore myself... it's became impossible to profit much. Traders forget it is us against the house and they end up cutting each others throats. But oh well.. it is what it is.

All you can do is buy some, hold and hope for an acquisition or something and then make bank while the whackers keep settling for lunch money.


OFFERING THE TRUTH IN O.T.C PENNY SCAMS!