Replies to post #142093 on Winning Brands Corporation (WNBD)

[I M Foe Deep]

Well you missed the nail, hemi.

Putting your money into what you feel is a scam is a crap shoot at best. More than likely, if it's so obvious to you that it's a scam, then most other "players" in that stock will share that sentiment.

These stocks often become a race of who can get in the front of the queue at a bid that's hopefully near an intra-day bottom so that you can hopefully be near the front of the line to sell at the next uptick. Either that, or you can take your chances of playing the chart and holding for a couple of days. Just be warned that you can quickly be down 30% from where you purchased those "cheapies" if VERT happens to jump down right in front of your sell order, diluting the float by another 50% in a matter of hours.

At least there's a chance that you make back some (or all) of those loses in a legit company w/ a legit business plan. Not so much with a scam. You're at the mercy of scumbag stock-promoters w/ the always imminent threat of even more dilution and reverse splits.

They make for exciting day-trades, I'll give you that. But these things will screw you so hard if you aren't on your game that you'll regret not applying any KY with your buy order.

[solarflux2]

I'd rather invest in a real company than a scam - it lets me sleep better at night. But hey, that's just me. If someone can play a scam and get in and out before the whole things collapses, more power to them.

Take for example, a ponsi scheme. The way a ponsi scheme works is that investors are paid their profits with the money from new investors. But when there are no new investors, the whole thing collapses, and when that happens everyone left in the scam is SOL.

What's the difference between a pink-sheet scam and a ponsi scheme? There are lots of differences. What do they have in common? When the gig is up, you can lose most or all of your investment in a very short period of time, without any possibility of recovering that investment.

Now, what's the difference between a stock like WNBD and a pink sheet scam? The difference is there remains a possibility of recovering your investment. The pps can move back up (as it has in this case many many many times before) and it's up to people with enough foresight to recognize a bottom and capitalize on that play, well other people with absolutely no foresight will get impatient, disgruntled, ect. and sell near a bottom for a huge loss. And there lies a key difference between people who make money and lose money trading stocks, IMO.

I know it sounds counter-intuitive to buy shares when the stock price is depressed...but then again isn't that part of investing 101?