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Saturday, June 21, 2008 8:12:14 PM
As far as trading basics go, I have been trading OTCBB and Pink Sheet stock for about 10 years and have been fortunate to have only lost money two of those ten years. I usually exhaustively research companies I buy stock in and try to leave as many stones unturned that I can. However, no amount of DD - phone calls and research, can protect you from lies and deception put forth by corrupt Company CEO's and dishonest IR departments. Penny land is rift with corruption, so in the end much of this is just plain gambling. Even the most attractive business plans fail. Timing is of the utmost importance.
Luck can also be a big help. Mistakes will be made and we all make them. I bought BHUB thinking I would flip it the following day. The following day it was halted!
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