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Tuesday, October 27, 2015 12:21:43 PM
Anyone who buys a Stinky Pinkie with obvious serious securities law violations, as NTEK has, risks waking up to the SEC suspension and no way to get ~OUTT of the position until it hits the greys and trades down 80 percent on the reopen.
Just like CRGP - remember that gem - or SKTO - or many, many other pennyscams. Or CDFT - many recall that scam. Or FNRG, TRII, OLIE, PHOT, or KMAG. One can cite many, many such examples of scams that went south and died a quick death with little to no advance notice. CYNK is another.
Who are the 'smart investors' (other than the holders of floorless convertible notes and insiders who get paid in shares a year in arrears so they can dump upon issuance and are exposed to no market risk because they don't hold the shares)?
Smart investors are those who stay the hell away from these penny stock scams.
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