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Nomad505

10/02/15 4:04 PM

#10663 RE: swingingRichard #10662

Obviously, there's money to be made by traders in the OTC. I guess the shotgun method would be possible. There's always an explosion going on somewhere. Most people end up chasing...

I think that SWET is pretty much dead.

I guess these kinds of things are geared towards taking money from the inexperienced. Most of them are always one well worded PR away from a pop.

My "investment" in SWET was 5% lottery ticket & 95% penance.
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Homebrew

10/07/15 10:18 AM

#10673 RE: swingingRichard #10662

You still need to get the timing right, to buy those 1000% pinks at the bottom, and sell before they crash back down.

Here's the deal. 99.9% of the OTC is just that. Legalized robbery. Although, a couple of us did some analysis last year and we determined that if you had enough money, you could in fact buy about $100 of every OTC pinky (discounting the ADR type stuff) out there and you would still come up a big winner. There are enough thousand percent-ers to make it happen.