In most cases with these little stocks, the investor (as opposed to the trader) is getting ripped off. I've got no real problem with that, since everybody knows, or should know, what's going on, and still am willing to take some money out of the market as opportunities arise. But I'm not kidding myself about whether these companies are legitimate. They're usually not, and this one's no different. If they had a better history and believable PRs, filings, and a real audit, maybe I'd cut 'em some slack, but they walk like a duck, talk like a duck, etc. Too many red flags here to assume anything but the worst. Especially all this huge volume while they're claiming the OS has been shrunk. Obvious lie. Sure does trade well, though. Plenty of volume, good fills, usually. That's all I really hope to find.
I just get a little miffed at people pretending or imagining or somehow believing--claiming, anyway--they really know anything about this stock or any other of these OTCBB deals. All anybody knows is what's been said or claimed, and we all know that a lot of that is false. That's why they need the disclaimers. Why read anything that needs a disclaimer? Best just not believe any of it, IMO. Sure improved my trading. Trust, or confidence, is essential in a confidence game. I don't trust the promoters whose job it is to sell stock, and as much of it as possible. Nobody should, IMO, and if these liars were not believed, there would be fewer scams going on since nobody could make any money off them.
A good bottom's hard to beat.
e
AI
