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Alias Born | 04/04/2011 |
Wednesday, October 19, 2011 5:26:33 PM
I could not agree with you more! It is an absolute ridiculous affair that is being allowed to go on with everything down here in the pinksheets & BB stocks. Now they have went after a couple of these stock promoters and prosecuted them, but it was only a tiny drop in the bucket. I think unless they are going to manage these lower exchanges properly they should do away them entirely. Yes it is definitely wrong what these promoters get away with and unless the SEC steps in and cleans it up there's is not much we can do about it is what I was saying.
I have learned to trade differently because of their tactics. They come in and buy up all their shares the day before a promotion causing the pps to start to rise and then the following days they pump the hell out of it while selling into all rallies. Unfortunately there are still so many newbies who buy into their pie in the sky hype, thinking they are going to be rich.
In the case here I am getting in before the big hype hits and securing a low position, so I can sell into the rally when it happens like them. I am not going to pump the hell out of it with made up bs, but I will give my two cents worth why I think it will be going up soon and why I think this is the best time to get in. Now my timing may not be absolutely perfect, but after doing this long enough I think I am pretty close by what I have witnessed and by the DD I have done. Time will tell if I am right, but everyone should know the risk involved with ALL these stocks in these lower exchanges with so many crooks!
I guess we agree on more than you thought!
Cheers Mate!
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