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Wednesday, August 01, 2007 9:03:40 AM
This is the first penny stock I have ever bought and have been in since the beginning of last summer. I dont know about you guys, but Ive been investing for a while with larger caps and one of the principles ive followed over the years is to never get emotionally attached to a stock/company no matter what... especially if its a pink sheet. Yes I may be relatively new to pinks, but in my opinion these are definitely not good LT investments, they are more of a way to make a quick buck and thats it. Ive been doing research on these and 9 out of 10 times what the company says its going to do is usually the opposite so its basically putting money into a slot machine and ur chances are about the same to make a profit... that and less than 1% actually make it.
I dont know anyone that posts here or at the company website, dont have anything against anyone or anything, its just my opinion on what pinks are. Ive invested in this one, got burned... lesson learned, time to move on. l feel bad for the people that put large sums of money in here hoping for it to take off bc family and friends invested or have connections to the company, i know it sucks but gotta learn a hard lesson... people of enron and worldcom learned it, and those where much safer than pinks... Im gonna hold the small amount i have till the stocks dead, but not going to worry even if i lost a couple grand. time to move on for me and try to make it back somewhere else.
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