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Re: lookoverthere0 post# 584

Friday, 06/12/2009 9:26:20 AM

Friday, June 12, 2009 9:26:20 AM

Post# of 92659
You may be right, SFIO could have a great product, but at the moment they have nothing more than "hot air"!

I have learned some rules the hard way over the last 2 years:

1. Rule: Always protect your money!

2. Rule: Dont't fall in love with any stock or company, especially if the shares are traded in the pinks!

3. Rule: Never go long in a company that doesn't have any revenues from ongoing production - you can make some quick bucks by traiding but never go long and wait for the big success of a product that actually doesn't exist!

Summary: Always be carefully - especially in the pinks. 99% of pinksheets will never make any profit from an operational business and I actually see no reason why SFIO should belong to the 1% remaining.

I wish my german broker would allow me to short pinksheets, but he doesn't allow shorting on pinks and OTC. I wish I could find a matching german broker!