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Post# of 87366
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Howardhaftel

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Howardhaftel

Re: A deleted message

Monday, 05/26/2008 12:27:58 PM

Monday, May 26, 2008 12:27:58 PM

Post# of 87366
No! Charts are useless and misleading on pink sheet stocks.
The only people that follow them are the ones hook on them for one reason or another.

A chart is based on historic performance and since there is no history on Pinks they are no good at all.
Pinks are moved two ways:
1- By hype
2- By news
You do yourself a disservice if you base your trading on them.
You need a company that has been around for a while with earnings.
These are usually found on higher trading exchanges.

This is only my opinion. You should research before you invest to limit your risk. When you invest in pinks its all risk and most fail, Never risk more the 10% of your holdings in pink sheet stocks!
Howard Haftel

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