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Re: Rasica post# 477

Saturday, 06/09/2007 7:22:42 PM

Saturday, June 09, 2007 7:22:42 PM

Post# of 31931
no argument here. money can be made everywhere and everyone's got their own risk tolerance but...

"Low entry points can be quit rewarding no matter what stock exchange one has decided to go with"

...I disagree...not on the pinks... there is no such thing as a 'low' entry point...there is no way to gauge even close to the true value of a pink stock...its all a crap shoot...often the true value is $0 or close to...hence the great trick of making it "feel" like a stock can't or shouldn't go lower...but these things are their own beast...and they can ALWAYS go lower, and they ALMOST always do. you'll get the occasional Enron, Worldcom, Vonage, blah blah on the majors...but not the 90% crash rate you get on the pinks.

whatever though...surely i'm just bitter from my own horrible pink losses of the past...back when I didn't understand the extent to which these guys are basically ALLOWED to lie, and lie, and lie, and lie, and lie, the whole way down...



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