InvestorsHub Logo
Followers 19
Posts 1105
Boards Moderated 0
Alias Born 06/01/2012

Re: rs99 post# 6469

Thursday, 03/31/2016 5:19:45 PM

Thursday, March 31, 2016 5:19:45 PM

Post# of 58504
The problem here is that pinkys have the ability to use toxic lenders more than ever before. It's easy money for them. The future of judging a Pinky CEO will be if they need to tap that well for toxic money. Every stock I know of that has toxic money and convertible shares is failing with zero growth.

Not more than a couple years ago, a stock like this could find people willing to buy because the company would do different things to turn stock into cash. Now, these greedy idiots don't give a crap about long term holders of the shares (retail) and are killing the confidence of these OTC/Pinky markets.

I would buy 10-20 of these a year and flip them at some point (not right away, but on future news). Not anymore. The large blocks of shares given out by these companies is killing it for anybody but the few who do this for a living.