Replies to post #49630 on Medinah Minerals (MDMN)

[alj14]

I found that a great post, Rawnoc. The market inefficiency you are discussing is widespread throughout the markets, but is at its maximum in the OTC markets. As to your 13,200% gainer – not bad at all. Not strictly comparable with Treasuries that yield under 2%...

Huge upside here. Portfolios are changed by the big winners.

I agree there's no such thing as a free lunch -- but the markets aren't even close to efficient. You have to do massive DD to get your lunch paid for (so the lunch isn't free, it takes a lot of work finding gems). But it is extremely inefficient or there wouldn't be buyouts all the time at massive premiums.

My first pick to IHUB was a .04 OTC stock that last traded at $3.33 on the AMEX and has paid around $2.00/share in cash dividends. Market is efficent? lol -- that's around a 13,200% gainer. I was told, ironically, there's no such thing as a free lunch on that one at .04 -- they were profitable then and people were screaming scam. I even got kicked out of a fundamental DD club for bringing that "scam" to them lol.
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