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Phoenix-Rising

07/07/07 11:07 AM

#467 RE: PenniesGoneWild #466

different institutions follow different protocals and follow their own regulations. You can bet that institutions will invest in an otcbb stock if its reporting. Now a foreign penny stock trading on the pinks is another story... Thats why its a great time to accumulate :)

I think the great thing PPS wise so far is that we havent attracted many flippers or daytraders. we have a great number of investors who plan on holding for the long haul. The churning that we have seen on Friday will not happen much longer :)
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investwise4858

07/07/07 12:00 PM

#470 RE: PenniesGoneWild #466

JGyli:

Your statement is partially correct.

While it may be true that large fund managers cannot obtain a position here due to contractual obligations under their bylaws, it is also true that smaller funds, with more risk oriented stratagies do indeed place their funds in attractive situational settings such as this on the OTCBB.

In fact, if one researches higher priced progressively managed OTCBB stocks, one would find a larger presence of said smaller fund managers than one would initially believe.

You cannot discount the possiblity, when the conclusions are drawn from historical fact.