Why???
Because luckily my "bet" was not that high,(less than 2k).
And I honestly dont think that it will hit 0.
Since I am not a chart specialist this is probably my first and last gamble on the O.T.C.
I have asked several questions on the manipulation of this stock, and nobody, not even shaw or some of the other more knowledgeable sounding posters on this board have come up with any real answers.
As far as Im concerned the whole OTC is nothing but A SCAM!
You get flyers and crap in the mail all the time about this stock or that stock and right away the stock moves up big and then the sell off starts and the group who promoted it (in this case WATERMARK CAPITAL "LTD") walks away with millions!!
I still to this day cant find anything about them, though I havent been looking as much lately, Im sure there is nothing to find anyway.... Laughing all the way to the bank!
If I had the time I surely see opportunities to make money here, but for the average guy(or girl) I say take your money where things are a little more regulated.
Some of the things I see here seem more than just A scam, they seem illegal.
Still holding,
Ted