(IMO), That's what I've been saying. Folks here and others places believe the prices are contingent on PR's of news and financials. This is not necessarily the case to induce the price movement up or down.
(IMO), For instance; I've seen more times then not, increased earning of a stock did not move the stock price up at all. I've also seen stock prices top out at all time highs when earning were negative!
(IMO), Pinks and BB stocks are somewhat different in nature, buy that I mean, the Pink company goes through custodianship and then is sold to someone like the Doki's who in turn RM's the shell into a shell full of profitable companies, or profitable shell's with companies to increase per share value. (In some cases custodianship is a fraud).
(IMO), Down in Pinky land anything goes to move a share price, (So it is believed) but every now and then a true gem like CLSI makes it through and is then rewarded with price increases for valid news, like new name, management, acquisitions financials in an effort to hopefully move it to the next level like NSADQ and NYSE.
(IMO), But again, there are forces out there that are against these little fishes becoming successful, maybe like the OTC or other companies who one day might directly have to compete with the new CLSI for market share! (Dog eat dog if you know what I mean. Only they know their reasonings).
All my opinion of course.
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