Friday, May 21, 2010 10:42:25 AM
It is hard to find a penny stock that will turn in to a major company...it usually takes years for the potential of the company to become apparent to others...in the meantime those early investors have to HANG tough...and endure major league challenges to confidence and watch the PPS gyrations with nerves of steel....particularly in this new environment where the legislators allowed the markets to move from somewhat orderly to a FREE for all....this new environmnent will keep retail investors on the sidelines for years until they become comfortable with the new normal...which is VOLATILITY, VOLATILITY,VOLATILITY, and more VOLATILITY.
Thus we have the gyrations in the GDHI PPS...LONGS must average down and hold for the eventual pop...but that could be YEARS away because the shorts and manipulation have gripped this stock and the only cure is buying pressure...which may not come for years because the EURO problems are going to slow the entire global economy and China...
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM