The lesson learned from FAVE is, when dealing in the pink sheets, wild circumstances can arise. Therefore, it might be helpful to research the company a bit before investing off the chart purely (common sense). Still, I don't think there were many indicators from FAVE that it would tank. The only real indicator to me is that the symbol change had not occurred yet and the A/S were 11 billion. In the future, if a company has such circumstances, one should be wary of a possible R/S. Also, it would be wise to check the daily list (on OTCBB.COM) in such a circumstance to provide early awareness of problems such as an R/S. The pps tanked after everyone found out about it.
I intend to post new picks on Sunday.
Understand the present. Create your future.
