But that's not investing to me, it's gambling & yes this will happen where you make a lot of money while averaging down on a stock such as here. But you are taking an enormous amount of risk & many times you will lose many times doing this.
You or somebody got in "the gamblers pocket" where you made money but you were lucky.
Delphi went from .25 to 2.00 while It was bankruptcy. There are a whole group of people that play the bankruptcy stocks.
OF COURSE you can make money on these stocks but odds are against you. Go ask any professional investor & see what he says about the OTCBB, there is good reasons why they are not quoted on the major ticker tapes.
What API keeps doing is what most OTCBB do, issue stock to run the company, lose money year after year, reverse split, start the cycle again. They are happy to stay here on the OTCBB.
Go read on YHOO MB all the bag holders.
I wonder how many people made money here opposed to the people that lost money.
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