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Friday, March 09, 2007 2:05:31 AM
of the rules with firm and strict interpretations,
I don't see any end in sight where pinks are concerned.
The end result is going to be that pinks will become
avoided by retail investors. The odds of a pink actually
becoming something real are probably something like 1000-1.
That's some pretty ugly odds.
Short term pink investing is a crap shoot for retailers.
If the current trend keeps up, I would predict that soon
the tv talking heads will soon be spouting this mantra:
DON'T BUY PINKS.
Then most retail investors will simply stop investing in them.
So either we'll see some changes or the $ well will dry up.
In which case, companies like GFCI will have a very hard
time doing what they do. The next ones to find themselves
confronted will be fully reporting micro & nano caps.
My opinion is just that, my opinion.
So make no investment decisions based on my opinion.
#board-9931
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