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Re: OldTymer post# 2313

Saturday, 02/14/2009 10:09:44 AM

Saturday, February 14, 2009 10:09:44 AM

Post# of 8867
Listen OldTymer, I am not defending anyone but you obviously haven't been around the pinks very long. All this pump and dump talk is a little stupid IMHO.

Pinks are a market that aren't actively traded, so with that in mind how would you get a stock to get eyes on it? Answer: Promotion

Now I am not reffering to RHDC (pink) that gets delisted from NYSE cause they will have a market simply because of where they came from. I am speaking of a BANI or SPNG or GNTA or PURO or thousands of others that need to raise money and do that through promotion.

I don't buy many pinks these days unless I have solid DD on it, but I surely don't sit around and call them pump and dumps just like I won't bitch about swimming in piss if I jump in the baby pool, cause thats just what happens!

Just my opinion of course, but anyone just realizing most pinks are P&D might want to look into mutual funds....

GLTY sir!