If we were talking about any other big board exchange I would completly agree. Fudamentals are the key to the success of a stock. On the pinks you have 1000's of so called investors trying to make some money real fast. Emotional uneducated trading happens on the pinks everyday. If you read the boards then you know how many new traders are here trying to make that quick magical buck.
People get scared and fear what they don't understand they also act like sheep. What happened over at CKYS. They halted for 10 days came back and it basically crashed. Company is still real..products are real. Investors got scared.
I guess really we will disagree on this and would not know unless it happens. I will tell you this.. if there is any investigations launched on this stock I'm gone and watch how many will follow.
I'm sure nothing will happen from the calls today. They get 100's of reports everyday. You can look up the statistics its staggering. What did we trade today average about $200k...We are nothing right now..small fish. With the mirrors going on it was more like $120k in actual dollar volume IMO.
Remember all it takes is a good bunch of weak hands to start running and everyone will follow when there is doubt or fear. Trading halts and SEC investigations scare the crap out of most pink traders I know. Too many secrets.
Disclaimer: Any message I post about any stock should be read for entertainment purpose only. What do I know I'm just an IHUB poster child.