InvestorsHub Logo
Followers 0
Posts 389
Boards Moderated 0
Alias Born 04/05/2006

Re: jhstew1 post# 3235

Friday, 12/01/2006 1:21:03 PM

Friday, December 01, 2006 1:21:03 PM

Post# of 3403
I agree pinks rarely go up after a reverse. The purpose of the reverse is to lower the outstanding to dillute all over again, after maxing out the authorized. That all these turds do. Amazing with an auth of OVER 7 billion shares.

This IS a true piece of crap, however the do often go up or split for a higher split price and more room for new dillution.

With the volume being relativly low, I am shure the authorized is maxed, DUHH reverse split coming!!

I look at it this way, for $200 you get 2m shares. If it did go even .001 thats $1,800 profit. You can play 9 of these turds and if one goes you break even.

I bought PAIM at .0001 after the debenture scam, and sold at .0065, it was awesome!! I had 100m shares!!!

I am playing this on a much lesser scale but for $200 what the hell.

GOOD LUCK ALL!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.