InvestorsHub Logo

Jagman

04/17/05 7:41 AM

#8015 RE: TRCPA #8012

TRCPA: The OTC CEO's sign off, but no one goes after them. There is no political payoff for going after the small fry, especially when there is plenty of warnings out there for investors. I agree with you on Pink Sheet stocks, but I disagree with you using the word "investing". Pinks or OTC's are just short term gambles for the players with the greedy becoming the bagholders. The lure is a 1 cent stock can go to 3 cents short term which is a 300% gain. The bagholders start dreaming of 3000% and get burned. How many held here on the last FASC double? One poster said he was up $70,000 at 11 cents, but he was greedy and held (or didn't say otherwise).