Everyone knows that trading the pinks is just that ...for day traders however, there are some investors that go long on some of the stocks down here in pinky land as some show more promise then most. Everyone has got caught in a reverse split at one time or another. To repeat the same rhetoric is relentless futility at best. I have had some break outs on some stocks down here that looked hopeless by going long. The OTCQB is the next tier up, then you have the OTCQX after that...then the NASDAQ...hell, I have taken a beating in the NASDAQ. Maybe stay within the top two tiers of the OTC (OTCQB & OTCQX) did you know Heineken trades on the OTCQX? The higher up in the tiers the more stringent requirements and reporting criteria. Pinks Sheets, always a breakout or an up-list somewhere. Either go long because you believe it has potential because of your due diligence or day trade the pinks. If you still own shares of this company...not a good idea to bash the stock. We saw a mini rally yesterday, up over a penny and then a pull back. A little profit taking from the day traders and some of the longs getting out (called a shakeout). Always the largest risks in the Pink Sheets.
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