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Re: Adventures In Money post# 72479

Thursday, 06/21/2007 8:25:27 PM

Thursday, June 21, 2007 8:25:27 PM

Post# of 114954
Seeing as how it is a Pinksheet Stock, IMO, we will get the first coverage in the press from Panama and Central America.

The powers that be in the financials markets not only don't like penny stocks they frown on them.

How do I know? I have a cousin who is an investment advisor for UBS. When I first started playing with the Pennies, I called him to ask his opinion about a Pink Sheet stock and the first thing he stated was don't bother. Unless he had a spread sheet with P/L's and balnace sheets that were audited he wouldn't even bother looking.

That's the mentality. In many case he was right, many of the Pink's were scams but every once in a while you might just find one that isn't.

I think the national press is much more interested in the one's that are Scams than in the successes.

I guess we will see, time will tell.


GLTA
Wally
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