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Re: Majik_Stocks post# 533

Monday, 06/08/2009 5:36:30 PM

Monday, June 08, 2009 5:36:30 PM

Post# of 92659
I call it a "lousy" bet because this is just a pinksheet. Over the last 4 years I burned quite a little fortune believing in pink pr's.

They all talk about production, audit, agreement, letter of intent and the best pr to pump their pinky always was "buyout".

Today I don't believe one single word of a pink pr. The only way to earn money with a pink is to play together with the company on their pump and dump scenario.

I tell you why I'm watching this: Some years ago I lost money on the german "Cobracrest". They pumped their stock with a "new energy drink" and believe it or not: They tried to produce a new e-cigarette!!!. There were some companies and people involved in this cobracrest "e-cigarette and energy-drink scam". Cobracrest, NicStick, MWWM and so on. And now the big joke: Thomas Schröpfer was involved in NicStic! Following and watching thoose scams and their involved people was the way I found "SFIO" and that is another reason why I call this a lousy bet.

Mr. Schröpfer has "no good" reputation here in Europe, and that's the reason for trying the e-cigarette pump in the USA.

That's all of my own opinion and I don't want to waste much time with SFIO, but I don't want more people to loose money by getting long in this pinksheet. If you want to earn money with this you have to trade it, but never go long.

I will not trade this one - to risky for me: I'm just watching from the sideline and give some warning from time to time.