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Re: tefman post# 4806

Saturday, 01/13/2007 2:15:59 PM

Saturday, January 13, 2007 2:15:59 PM

Post# of 68381
We all know (or should know) that the vast majority of pink sheet stocks are dodgy if not outright scams. It's a world rife with pumpers, dumpers, flippers and scalpers, bashers, liars, cheats, subterfuge, cooked books, exaggerated PRs, boiler rooms, manipulating MMS, naked shorters, musical-chair management, collusion, dilution, reverse splits and unverifiable data or constantly-changing data. Are there truth tellers out there too? Sure, but they often get drowned out by an avalanche of obfuscation. Chart experts are notoriously wrong about pink sheet stocks too. They're just too unpredictable. That said, the chart on IDCN shows there is a regular heartbeat despite our current long stretch of sideways dead-lining. It's time to resuscitate this patient with a PR. Break out the fibrillators!

My point is almost all pink sheet stocks reek with one problem or another. That's why they are on the pinks. I HAVE seen some graduate to the OTC and then onto the AMEX, etc., but most will stay pink--and I suspect some want to stay that way. This does not mean plenty of money can't be made. The pink sheet world is closer to being a pure casino. The odds are still stacked against the retail investor, but the excitement keeps 'em playing. I've done DD on some of the worst stocks (pinks) I've ever seen and wouldn't touch 'em with a ten-foot pole. Then I've seen the same stocks go to the moon. IDCN can do the same.