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Re: Alamo_on_the_rise post# 4987

Tuesday, 11/03/2009 10:25:33 PM

Tuesday, November 03, 2009 10:25:33 PM

Post# of 55136
Thanks for your feedback Alamo -- it seems to me that "tis the season to be diluting" among the OTC/Pinksheet companies. The overall market rallies over 1.5%, yet the OTC/Pinksheet's are strongly down; the overall market dumps 2%, the OTC/Pinksheet's fall even harder.

IMO, the OTC/Pinksheets are a huge risk at the moment given all the dilution/selling off that's occurring. Whether it's the companies diluting or institutions eliminating riskier positions, who knows. But look at VKNG; I nearly bought on a dip last week at .02 but thought it was done...it hit .27 today, so some things are still running...only very few. Any positions in other stocks are dropping >10% daily.

Yesterday was starting to look promising but today's PR killed the momentum. Hopefully we'll see a delayed news reaction tomorrow.

GLTA