InvestorsHub Logo
Followers 3
Posts 750
Boards Moderated 1
Alias Born 02/28/2006

Re: None

Saturday, 09/06/2008 8:48:34 AM

Saturday, September 06, 2008 8:48:34 AM

Post# of 7338
I know some people will not like what I say but this is normal some shareholders from a company coming from 1$ and trading today at 0.0001 still believe it will run back .

Now that is not the problem everyone is free to think in what he like .

The problem is that we are investing in a company on the pinksheets .

That was looking like to be different that all others .
Where a lot of people believed in what they said and announced .

And there was already since long time now a dilution look like action .

But now we see that this company look like many others on the pinksheets ,they first say something that will make investors interested to buy shares , and in the back from everyone they change the rules sell shares then only warn people !!.

And I like to remember anyone that at this time they still not officialy informed shareholders about the price structure changes .

Do people think normal a company changes the shares structures without warn shareholders lol .common !!!

Only this make them bad for me and now we know the real O/S but no one know if they didn't sell more in the last days .

We have no official communication regarding these changes .

So anything can happen that they inform shareholders about raise to 72M os or 100M OS will not change very much for them .

But well for us !!

So this not mean that they will not reach back 0.03c or 0.04c and wy not 0.07 c that is possible and I personaly believe the price will climb back .

But for my personal opinions now I know that for a medium term or long term investment forget them .

Guys just think simply about something .

Should a company on the nasdaq or regular market do something like what they did with the shares structures without inform anyone they would be called SCAMS and the company should got a lot of problem with SEC , Shareholders , wy not court .....

Here on the pink sheets it look like normal to have 50 000 000 000 shares for a company doing 300k usd income per year and I dont talk from CJGH but well for most of the pink companies .

So pinksheets OTCBB yes sure day trading make 25% sell all take your money and move out .

Never forget most of these companies provide unaudited statment and in simple words what do this mean ?.
That any company can say anything post news saying what she like that it is the true or not .

They will never get any problem with anyone due that the market is not regulated .

Also please dont talk me about these fake divis all these pink companies give to shareholders .

This is just good to make the price climb at PR sell more shares to dilute and people getting shares receive something with no valor ,locked for years ,with more cost to get your divis that the amount you can sell them etc etc etc .

So guys make day trading ,week trading , but when you take 25% on a stock on the pink sell and take your money it is 6 or 7x more that what a bank will give you for your money on a bank account for one year .

Now that was just my personal opinion and I respect anyone with different view smile

Sorry to have been so long .

Sorry for my poor english that is not my primary language .

GLTA
leole





Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.