Good and ironic name for huge block buyers in pink sheet companies like CMKX,INSTITUTIONAL investors.hehe!I wonder what institution they represent,the one Jack Nicholson was in in One Flew Over the Kukoo's Nest.
There is a penny stock sort of like a mutual fund with the symbol PENY on the pink sheets or OTCBB.I think it's selling for .005. I had some when the dot com boom was going on and it made me a few bucks.Overall it is a pretty lame fund and anyone here on this board could be the middle man and take a cut of other peoples money and buy blocks of shares like CMKX and do as well as their CEO.The couple people administering the fund paid themselves one hell of a good income.Why couldn't anyone set up a company like that?Not a hell of alot of complications there where you take in 10K from dupe idiot investor,buy $6,000 in CMKX and pocket the rest as salary and cost of running the company.Have a big caddie with a magnetic sign with your symbol on it,go to Vegas on gambling junkets and say you were there on convention company business,throw some great parties and say they were to attract investors.etc.What a country as Yakoff Smirnoff or Don King would say.hehe!