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Re: Cynical post# 74

Monday, 11/19/2012 5:16:43 PM

Monday, November 19, 2012 5:16:43 PM

Post# of 8738
So you want to blame the so-called premium service subscribers(a.k.a. info. leakers)?

Why don't you blame the premium info. services you're a member of (if you're not you SURE sound like a disgruntled sub) for even collating this data for dissemination in the 1st place?

It's a catch 22. Subscribers to these services want them to exist, but ONLY for themselves. The problem with a 'secret' service like that is the fact that once TWO people know a secret...it's no longer a secret. In actuality (among MANY MANY other factors) the services themselves are in part to blame for the death of the big OTC promo. Again...there are MANY other factors.

So basically people are lining up to pay for a service...that in the end helps decrease the final height of the promo in the 1st place. It's like a snake eating it's own tail.

Now the flipside to this is IF these services did not exist (I'm a member of one) then I'd probably have NO idea what to gamble on buying long in the first place. So I'd lose $, but for a different reason. I'd be getting long too late in the game. Like eod GWYT longs today. :)

It is what it is. You need to adapt or perish. Innovate or evaporate. If OTCwoodland is too 'crappy' now because of info. leaks or whatever I suggest you (and by you I mean anyone not making $ in OTCwoodland) go try their luck trading earnings, news, midday CNBC mentions, IPO's, FB bounces etc etc.

You know what all of these guru services remind me of? The Gold Rush. The services are the guys in the towns selling pick axes and sluice pans. Us traders are the guys buying the 'tools' and vanishing into the hills to mine for gold. They always make 'something'...and sometimes we do too. :)

P.S. Please excuse me while I get back to reading all the new OTC SEC filings in today so my dumb ass might stumble upon a new 100-500% gainer. :)

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