Old Drum: I have also come to believe that there is substantial money to be made in either daytrading or position trading, especially in OTCBB stocks with loyal followings (like EDIG).
After watching how EDIGers react to momo trading upswings, I would almost be willing to try momo trading that stock. However, I believe there is a substantial chance that it could go out of business at any time or that the SEC could suspend trading at any time. I'd hate to be stuck with a trade gone bad given one of those scenarios. However, given the inaction of the SEC, perhaps I should consider joining in for some quick trading profits.
I would make sure that I sold before the S-3 is filed by June 30, 03 however,
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