Saturday, August 12, 2017 2:46:56 PM
Many penny stocks show little or no profits, they use dilution and/or toxic loans to grow. Long term investors have a belief in the company's product and business plan and are willing to accept greater risk for greater reward.
Seeing a route to bankruptcy or RS and not knowing the time frame basically fits 99.9% of all pinks. It's just BS. The company can fail, the company will probably do an RS for any number of reasons. Some good, some bad.
Traders are here because of the volatility. Most don't really care about anything but the charts. They also realize they can cause drops in the pps by selling during low volume times when uncertainty makes folks vulnerable to BS stories. A few thousand dollars in strategic sales in a low volume pink can drop it enough to get other less savvy to stampede and cause a drop for no good reason at which time the trader buys back into the stock when the stock is past it's uncertain period.
My suggestion to the long term folks is to do your DD. Don't count only on spoon fed DD from any of the folks here.
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