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450rydr

05/30/07 11:55 AM

#44902 RE: abfl9542 #44901

You have got to be kidding me. Look at his posts today, and break them down for what they really are:
Post #44891--Company's diluting
Post #44896--MM's are shorting
Post #44894--I am looking for entry
Is his agenda not obvious? It is to me.
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oil_trader

05/30/07 11:59 AM

#44904 RE: abfl9542 #44901

abfl9542, its not difficult. Virtually zero pink sheet stocks get bought out for cash, zero. Any transaction on a pink sheet stock is virtually 100% of the time a reverse merger. Pink sheet stocks are not vehicles for stockholders, they are vehicles for insiders to garner excitment about the stock, issue themselves boatloads of shares, sell them onto the market, eventually when the equity is destroyed with billions of shares outstanding, they exit the so-called business they are in, do a reverse merger with a new private company which leaves the existing common shareholdesr with 5% of the new company (and 5% of their original investment) and then start the process all over again under a new name.

Ever happen to you before?? Its happened to 90% of those who own GBDX, yet they come back for more. Its either the thrill of the 1,000,000 to 1 gamble, or more likely, pure stupidity.
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SweetDeal698

05/30/07 12:43 PM

#44917 RE: abfl9542 #44901

Blind leading the Blind!!!!1