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Re: snow post# 3696

Sunday, 02/18/2007 3:55:51 PM

Sunday, February 18, 2007 3:55:51 PM

Post# of 30565
snow, I understand what you're saying and that is the danger of almost all penny stocks. How they survive is usually not in an investors best interest, any investment books ( investment for dummies ) lol say DON'T TOUCH THEM. I buy stocks like these because I think they've bottomed ( for trading purposes only ) and I think they have the potential to take a turn up NOT because I like the co or its management. BIG difference. Usually what make them run is co hype or " prediction just like what happened here recently, then back down they come. Too many traders in for the short run to make " investing " feasible. With your investing knowledge and understanding of financials, I'm surprised you haven't figured this out yet. Our only hope is a good coat of lipstick on this piggy, that with some cooperation of management to come through with SOMETHING positive and bring some new penny chasers in here, THATS what moves penny stocks. " SPECULATION " or some call it dreaming....its mind bogling how fast a dream turns into a nightmare. gl