Wednesday, June 08, 2016 12:15:48 PM
I never said they should run around saying "don't invest in my company" but any retail investor like ourselves that buy into these pink sheets, are complete idiots if we/any of us have the intention of investing in a penny stock.
Are you nuts? 90% of all penny stocks are scams and if you think for a second that this website is full of investment opportunity, you're wrong. Quick trades make up for the vast majority of successful penny stock stories. And I'm not saying buy at .0002 and sell at .0004 - I'm talking you set a buy price, you set a target sell price, and you hit it and get out.
How many penny stocks have you heard of that started in Pinks, and made their way to AMEX/NASDAQ/NYSE? Name 3 stocks, poohpooh.
Pinks is about the trade not the investment, and the losses of any shareholder who invests in a pink sheet are completely responsible for by the shareholder themselves - there is language all over the Internet, this website, SEC, that basically jumps in your face and tells you NOT to buy pinks because they are virtually unpoliced.
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