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Thursday, May 21, 2009 11:35:08 AM
PPS Up - the company releases news. No dilution has happened? Then we must be pulling profit.
PPS Down. Yikes is that possible? Damn right. We may be diluted like hell, company handing out shares to employee's a real possibility.
Further dilution, selling shares to raise money for whatever reason, or the dreaded RS. Capt'n Rodney goes pirate and decides to put company back in the hands of family. Does a thousand to one RS or whatever he wants.
PPS sideways - company does absolutely nothing different than it has for the past year. No news ever released. In this case .0002 and .0001 very real poss.
Pink history shows this company non-activity a pre-cursor to even worse things than no news...
will it hurt to sit on what you got? I can only say that ANY time I lose money uneccessarily it hurts....and especially if your investment is wiped out to just a few dollars by an brutal RS.
Cardial rule to pinks -dont invest in penny stocks - just trade them.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
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