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Re: jp8888 post# 2903

Thursday, 01/10/2008 6:33:18 PM

Thursday, January 10, 2008 6:33:18 PM

Post# of 8313
The old GTEC (and it looks like the new) has always been a loser for a "investor". For a trader (as me), I've done well.

Just think if you were "a loyal shareholder" the first years GTEC was floated (at 4.00). I think, even if you were averaging down, you still have many years to catch up to your breakeven price. Not to mention the enormous risk you'd be taking in averaging down in a OTCBB stock.

The GENERAL rule for OTCBB is: trade, don't invest. You can make money investing, but the odds are way against you as the chart below shows.

Look where you would be if bought a lot the first year.

The way I see it, the stock is a ATM machine for the management, for most OTCBB campanies.

http://finance.yahoo.com/q/bc?s=GTEC.OB&t=my&l=on&z=m&q=l&c=







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