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Jagman

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Jagman

Re: TRCPA post# 8012

Sunday, 04/17/2005 7:41:42 AM

Sunday, April 17, 2005 7:41:42 AM

Post# of 53980
TRCPA: The OTC CEO's sign off, but no one goes after them. There is no political payoff for going after the small fry, especially when there is plenty of warnings out there for investors. I agree with you on Pink Sheet stocks, but I disagree with you using the word "investing". Pinks or OTC's are just short term gambles for the players with the greedy becoming the bagholders. The lure is a 1 cent stock can go to 3 cents short term which is a 300% gain. The bagholders start dreaming of 3000% and get burned. How many held here on the last FASC double? One poster said he was up $70,000 at 11 cents, but he was greedy and held (or didn't say otherwise).

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

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