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Re: TRCPA post# 2489

Wednesday, 06/09/2004 2:42:38 PM

Wednesday, June 09, 2004 2:42:38 PM

Post# of 53980
TRCPA, if you didn't know about that PR I would guess your initial DD was not very thorough. I did think at one time FASC may be worth a momo play, but I've changed my mind. The stocks I invest in do not have very active boards. The OTC boards do help determine the mind-set of the average investor and help to explain the reasoning, or lack of, buying and selling. Pretty much on the OTC are sharks and victims. The only money made is in short term trading or by management that get hefty salaries for non-performance. And the suckers keep buying and holding. Not to say it doesn't happen on the other exchanges, but not as close to 100% as on the OTC.

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

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