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ib12u

07/15/09 10:29 AM

#93404 RE: dcjr4107 #93403

And there inlies the snag! the ole "POTENTIAL" trip.

And the very thing these Pennies/Pinks count on to line their pockets.

Investors, (like myself when I was a newbie), saw owning 1,000,000 shares (at .0001, which was only $100), had this heart racing self-imposed dream that 1,000,000 shares "COULD BE" worth $1,000,000.

I saw the "Potential" more than the reality that '.0001' would need to up-tick to '1.00' for that to happen.

Unbeknownst to me at the time, the likelihood of that happening had no scales to measure.

Validated after years of endless (average) losses with "ALL" of the penny/Pink sheet companies listed in my portfolio.

And even if it did, I'd not be the only one cashing in as a millionaire and the company in question would likely go bankrupt, short of issuing millions of 'IOU's and that's assuming the PPS holds that long before tanking to '.00009'

Point is?

The 'Potential' will never happen.

It never does.

But pennies/pink sheet companies makes money off those who load-up, thinking it will.