<<"I would agree with that EXCEPT there have only been about 6 confirmed China BB's that have faded to black as opposed to about 150 that have not">>
WOW....I've owned at least 3 of those 6 then just off the top of my head!
*CHCL...the old China Continental that allegedly owned millions of acres of land in Mongolia and had 7 million US$ in cash on the balance sheet. LOL! That one had some connections(?) with the still "existing" ETLT. Still managed to trade CHCL in and out for several nice profits over the years even though it went "POOF"...disappeared! Anyone know what the heck ever happened to that one?
*YIWA......Pure value if you believed the balance sheet? Same story .....traded in and out for profits but bailed before it went "POOF".
*YDHCF.....another of those infamous Chinese "paper companies". This was the one that Beowulfenvest had the OTC BB shell for originally.
I remember pounding the table on YDHCF after I picked up a block of 100,000 shares between .015 and .025 cents as pure speculation that the sleeze people would come back and "do something" with it. I averaged down from the .19 cents price where I was on the "rube" for. That worked as it had a "come back from the dead" rally where I promptly bailed when the getting was good around .26 cents or so. I believe some other VMC'er(??) followed me into that at those penny prices. Who knows what the heck that one allegedly does now in China?? What the hell happened to the paper company?....LOL! They're not kidding about shell games here!
These things are ridiculous. I do believe they are good vehicles for speculation though. Just assume they are all frauds and you actually own nothing but pieces of paper that will have technical supply and demand pressure and pumps and dumps during their most likely limited lifespan.
So good luck trading the waves....
....from your favorite dolphin.
Ron Paul names the NeoCon conspirator's and exposes their insidious agenda....