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Re: Mango post# 3341

Tuesday, 03/10/2009 1:30:35 PM

Tuesday, March 10, 2009 1:30:35 PM

Post# of 50140
I agree with your post. Yes lots of these stocks at 0.0001-0.0009 are shells, but the few fully reporting companies that have had NEWS OR UPDATES do have the potential to bounce back. Ive seen it many times in the last few years, stocks on the OTC going from 0.0001 to half a penny or above, and at $100 for 1 million shares the odds are in your favour. If you spent $1000 and bought the 10 best potentials at 0.0001, I can bet that your odds of makinug that money back with just 1 of those stocks are very high. I lost last year on 15 pinks, but just with the run from MONA and TSHL, I was able to make it all back PLUS A profit. Then if you get a stock like QMNM(now QMLM) or recently EESO and you get 1 million shares at 0.0001 and it runs to over 1 cent, well you get $10,000 per penny, and this happens every year.

My goal is to make enough so that I own all the OTC stocks at 0.0001 to 0.0002 with at least 1 million shares each and I know one of them will take off, its just bound to happen.