I like this post. And it isn't a wrong way to think about things.
But to say that everyone who is associated on the Pink Sheets is automatically "non respectable" is a tough stretch for me.
Wal-Mart was once a penny stock (this was when Sam Walton was running his company). Sam Walton was one of the smartest businesses people of the 20th century. And had a great reputation.
That's just one example.
Right. I'd question the original assumption that they are "respectable". The pinks are a game of slime. Some are more slimy than others, but they all are in scam.