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fourkids_9pets

02/22/09 1:37 PM

#60173 RE: Rdavido #60167

yep and it's why

bigger picture wise
the entire house of
cards is collapsing

there is no confidence
in a system with lack
of oversight ~ and tons
of *loopholes* that have
been successfully <read
financially> exploited ~

gonna be a very telling year
and not just where rcch is
concerned ~

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4kids
all jmo
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janice shell

02/23/09 11:38 PM

#60325 RE: Rdavido #60167

Yes and, JMO, but if I were able to (through the proper venue) short penny stocks, I would. It's much easier to make money short stocks than big companies, because there's a fair share of penny scams, not to mention how easy it is to cause doubt in penny stock to spur the price to lows.

Not really. The idea is seductive, because in the end most Pinks fail, but it's the short term you have to worry about. Any Pink can run at any time, for no good reason. The scammier they are, the more likely a run is, much of the time.

And if that happens when you're short, you'd be absolutely wiped out.