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Tuesday, August 27, 2013 9:20:55 PM
http://www.sec.gov/cgi-bin/browse-edgar?company=minerco&owner=exclude&action=getcompany
Plus keeping an eye on the share structure is just as important.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91206274
If you are just a trader - than ignore all that and pray you get out before everyone else does.
Pennystocks are TRADES - not "investments". and certainly not "investments" you should be encouraging your family and friends to get involved with if you care about ongoing good relationships.
The key is understanding
The key is understanding that pink sheet stocks are not investments - 99% of them will lose value over the long run and never accomplish most of their forward looking pumping statements they put in press releases or on their websites. Never believe the hype - always be skeptical of everything you hear.
The people mostly making money with pink sheet stocks are promoters, front loading pumpers with big followings they can dump on, crooks, some of the flippers, and sometimes the very lucky.
Pumpers only tell you to buy stocks that they already own. Pumpers only tell you to hold stocks because they want to make sure you hold longer than them.
They make money by pumping the stock and getting other people to buy then dumping their shares on the followers.
If you really want to take the risk of trying to make money trading pink sheet companies then you have to understand how the game works and never ever hold long term - take profits when you can. Pump and Dumps dominate the IHUB forums.
Trading pink sheet stocks is a sick game full of lies and deceit where people take advantage of the inexperienced and naive stealing away their life savings for their own personal gains.
Very little respect or morals exist in stinky pinky land.
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