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Alias Born | 01/17/2006 |
Tuesday, August 29, 2006 7:54:45 PM
Two problems with that. First, not everybody is willing to put tens of thousands of dollars into the pinkies. Secondly, few people are willing to treat pinkies like blue chips and hold for months and years. Pinkies are unaudited and have greatly increased exposure to market maker games and sudden reverse splits.
I, and most of the players here (IMHO), would rather see BKMP's PPS rise based on demand, rumors, and press releases rather than wait for Sandy to continue and widen a buy-back program that came to a grinding halt months ago. I could care less whether Sandy can buy cheap shares a month from now -- he's already had months to buy back at lower prices than this. I'm not an angel investor looking to back Sandy as he bankrolls TFN. I'm a personal investor looking to make a profit. Period.
The long view in a trip-zero penny stock? Get real. Even in an actual penny stock, that's not a realistic risk vs. reward situation.
And the repeated assertions about how "TRUE" longs would act is ridiculous. It assumes that only those with large positions should be able to profit from BKMP/TFN's success. How do you you think the share price best increases in any stock, pinky or blue-chip? Because there are repeated gaps with only partial re-traces. Repeated churn in holders at gradually increasing prices allows people to get in and out while making consistent profit.
Let BKMP run. The "market" will determine the rest -- including who makes a profit and who holds the bag.
Don't get greedy and think that you will and should be able to buy 150 million shares below .0010 and be able to sell all those shares at .1000 one day without doing some flipping in the process.
Massive greed kills. A little greed is reasonable. ;)
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