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Replies to #31 on Money 101 (Money)
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hopscotch

11/19/06 5:47 PM

#33 RE: Stock Lobster #31

Great post. That should go into the ibox. In fact, if you don't mind, I'd like to link it in the TOXIC ibox.
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lowman

11/19/06 6:32 PM

#39 RE: Stock Lobster #31

Yes, I think it would be agreed upon, across the board, that not a single pinkie should ever truly be considered as a long term buy and hold. Even only a very select few OTC stocks really fit into that bill, for that matter.

In theory, a pink or grey sheet stock is only intended to be a stepping stone to the next level...OTCBB, and ONLY while in developmental stage.

For a company to continue as a pinkie past development stage, and more than 1-1.5 years, is a sign that they are content remaining non-transparent, as well as incapable of executing a successful business plan in a reasonable timeframe, which is two major red flags in themselves.




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lowman

11/19/06 6:38 PM

#40 RE: Stock Lobster #31

SL, if you'd care to revise that post just a tad, and make it look somewhat like a thesis, with a header/subject line, I think it'd make a good post to link to, and possible be quite useful on other boards, as well.