Thursday, October 07, 2004 11:04:04 AM
No worries hawk.....
I've come to the conclusion that probably 90% of OTC stocks trading under a dime rely on selling shares to meet expenses. Okay...fine, that makes them all POS companies....but their stock's do go on runs...And it seems to me that they move when the company itself is selling, through a broker dealer.
I've tried posting bullish opinion about stocks which I've genuinely believed could grab the market's attention with some "juice"....and with a couple exceptions have gotten nowhere.
Fine....so I've reached the conclusion that it doesn't matter how good the story is unless MMs have shares to move. But I still enjoy the banter on these boards so I'll post my negative opinions only
I've come to the conclusion that probably 90% of OTC stocks trading under a dime rely on selling shares to meet expenses. Okay...fine, that makes them all POS companies....but their stock's do go on runs...And it seems to me that they move when the company itself is selling, through a broker dealer.
I've tried posting bullish opinion about stocks which I've genuinely believed could grab the market's attention with some "juice"....and with a couple exceptions have gotten nowhere.
Fine....so I've reached the conclusion that it doesn't matter how good the story is unless MMs have shares to move. But I still enjoy the banter on these boards so I'll post my negative opinions only
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
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