Had a blast in real markets last couple days.
Another reason I lost faith in the OTCBB
My way of playing was it dropped add more on the cheap, because they all get thier day. At least they used too before all the dilution. Example of a couple I owned with decent outstanding BWTO filed a SB-2 for 255,667,000 shares and TCHL filed a SB-2 for 189,492,704 shares. Now both had close to 50 million O/S when crap like that happens, how can a person average down in that enviroment. Plus all the ones going pink. OTCBB will be a distant memory before long.
I think it is still all right to trade them, but I think until things smartin up holding overnight now becomes a serious risk. The Omni style is about the only way to do it IMO
With trading you must conquer your emotions and be very disciplined about your goals.
