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Re: gfs_1999 post# 4074

Friday, 03/06/2009 1:46:44 PM

Friday, March 06, 2009 1:46:44 PM

Post# of 36237
Thats true, these 0.0001 pink sheet stocks are like gambling. You play $100 at a time and sometimes your lucky and make 10-20 times your profit, sometimes your stuck with it for a while. But from what I found in the last year or so is that most of these stocks eventually do move, even if its just to 0.0002, unless they go bankrupt.

Keep in mind that short selling is a big factor on the OCTBB and that most of these stocks tanked from scared investors dumping. Wait till things recover, then the sudden buying of cheap stocks will push most 0.0001 stocks. Again this could take a long time but its worth the wait. If you buy 20 0.0001 stocks and 5 go past 0.001 then you'll make your money back plus a good profit.

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