That pink sheet stocks are the riskiest of all investments is obviously true. Those that constantly bring up this fact as one of their hectoring points are usually doing it to frustrate longs into selling low. Despite their claims of 'no position,' they are often buying up millions of shares near the bottom. The 'they' I'm referring to can be pro bashers who are fronting for MMs, naked shorting hedge funds or both. Or it could be individual bashers wanting to get in very low. They all know pink sheet stocks and patience are like oil and water. It's easy money for them. The bashing can also be done by some rogue sad sack--probably a lonely individual with multiple IDs who has a lot of time on his hands. Maybe he got burned on a pinkie and wants revenge. Maybe he gains some sort of sadistic ego satisfaction by repeatedly posting patronizing warnings and antagonizing longs. He picks on a pinkie because he knows they all have plenty of problems on which he can fixate. If they were perfect, they wouldn't be on the pink sheets!
Regardless of bashers, we all know that the pinks bring big risks that can morph into huge rewards. It IS a gamble, but all stocks are a gamble. Even the best DD can go painfully awry (Enron, World Com, etc). The safest gambles usually yield the smallest rewards. Living is a series of decisions or 'gambles.' By all means avoid pinks if you want, but you can't avoid gambling if you want to make money. Some folks may find intrinsic reward from stuffing paper fiat money into a sock. I don't.
People may play the pinks for action and excitement, but don't paint all pinkies with a scarlet "S" (for scam). Many of these companies are like seeds and need time to grow. I see nothing wrong with folks having a positive attitude about a pink sheet company and not all of them are pump and dumps. Some even graduate to the OTC and higher. (SRLM recently moved to the OTC, for example). Sometimes the best way to make money on pinks is to buy them absurdly low when nobody else wants them. Buy fear and impatience. Sell greed, irrational exuberance and mania. 'Patience grasshopper' can apply even to pink sheet stocks.
