Stock Ethics and Philosophy 101

[DeeDog]

I'm glad to see they're working on this broken penny stock system. I don't think anyone believes it will be fixed quickly, but I think they're building steam in the right direction. The sad thing about it is they could take out most of the penny stock market, but they're taking them down to the pink level where they can be easily spotted. There's still the respectable few who can pay the annual $10k fees to maintain the upper levels in the OTC, but that still leaves few who won't dilute.

There's very few penny stocks like CMGO who will work hard to make money the old fashioned way, without dilution or taking on toxic debt to line their pockets at the shareholder expense, in other words, without selling shares. CMGO subsidiary Good-Gaming.com has finished most of the beta testing and is now public with open tournaments, awarding prizes up to $10k. They are charging only $4.99 monthly for the first 25k gamers to sign up and they have pros available to help gamers advance from amateur status up into the pro levels. I don't know anything about gaming but I sure like the stock and I think it's about to make another jump up to the .03's or higher.

You don't see 5 and 10 baggers often with this kind of stock, they depend on increasing profits and growing business to give the shareholders a slow and steady gain over time, but still more than you can make on the big boards...and not by selling shares. The only thing to watch for on these stocks is retail (and other) traders who will manipulate stocks any way they can, and that's hard to prove. Still, we're making headway.