Pure Spectrum Lighting (PSRU)

[ginchinchili]

I disagree. Not all penny stock companies release unreliable information. Many, like PureSpectrum, do but not all. Most also fail. Though you're right that information available to investors is minimal, what information they do get from a penny stock company should be reliable and if not, then that's a sure sign of a poor prospect. If it was all about assumptions then I suppose it would be pure gambling and it wouldn't matter which penny stock you choose to invest in. It would be like entering a casino and choosing a slot machine. Just choose one and play, and hope for the best. Startup companies come with a lot of risk for sure, but investors develop ways to spot the frauds and the release of unreliable information is one of the key red flags. This is investment 101 stuff. Read any book by any of our best investors and most will discuss the importance of management credibility.