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Re: Jackthehorse1926 post# 46095

Tuesday, 05/22/2018 3:45:48 PM

Tuesday, May 22, 2018 3:45:48 PM

Post# of 137982
Acquiring companies with what? This growth through acquisition strategy doesn't work with pennystocks longterm. Shares are handed out with each acquisition. And they will eventually be sold. They will tap out the A/S before long and either increase the A/S and tap that out as well until it gets to no bid and they can reverse split it and start all over again. this NEVER benefits the LONGS that hold. Traders make some money and certainly the insiders dumping their shares.

it is played over and over and over again in pinkyland. don't kid yourself - this is not the diamond in the rough, or the zip code changer, wife changer or anything else. the only thing it will change is a downgrade of your life style when you lose it all believing all this nonsense.


The SEC put out this white paper for a purpose - to alert shareholders buying these OTC stocks that they can and do lose it all.
https://www.sec.gov/dera/staff-papers/white-papers/16dec16_white_outcomes-of-investing-in-otc-stocks.html