Wednesday, November 18, 2009 2:52:18 PM
You are correct on another front also. I tried to unveil the structure of our "investment" and explain the apparent dangers of this stock a long time ago when I was naive and thought that pinky stocks were a form of investment.
Unfortunately back then, most of my DD posts - which are now acceptable - were deleted.
My foray into the pink stock market has been short lived, (I "invested most of my funds within a four month period of time) but very expensive. Not saying I will get out.
I've learned that most "pink investors" play the emotional market, not the literal market and the actual value of a stock is not important. What matters is the perceived value and timing. When to get in and when to get out. To hold is ludicrous. Those left holding the bag on this board probably had the same hopes as I did - make millions.
Anyhow, it's a little late, but I'm glad that sensibility finally showed up . . .
What goes around . . . comes around.
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