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Re: nukem post# 16430

Monday, 03/10/2008 1:56:36 PM

Monday, March 10, 2008 1:56:36 PM

Post# of 30354
Nuke, It's difficult to compare the penny market OTC stocks to the Dow Jones or the Nasdaq trends because the big markets' direction is heavily influenced by institutional investors (mutual fund cos., hedge funds, etc.), whereas penny stocks are mostly bought and sold by individual investors like us. Mutual fund managers typically are bound by their own rules to hold stocks for at least thirty days before selling, therefore there is less emotional buying and selling like there is here. Also, most professional fund managers worth their salt wouldn't invest in penny market stocks because they are far too risky and detrimental to the overall fund. I'm suggesting that the up and down days in the Dow or Nasdaq have little or no effect whatsoever on the direction of our stock here.

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