Replies to post #3837 on Kaleidoscope Venture Capital, Inc. (fka KLDO)

[C.R.T]

Luckily i sold on the last run up.. But was waiting for trips to load back up

[Sam'd'Mil]

Yup!!! :-(

[DiamondFire]

Yes: I will lose almost $3 grand here. Ouch! KLDO: It was just one of my penny stocks on the back-burner ...as by all accounts from what we learned it sounded like its business plan was finally coming out this Spring.

So rack up another one on the side of capital gain loss to off set wins....and move on...lesson here? SEC can do this to any penny stock at any time -- how do any of us really know what a company is or is not doing? Dangerous market....but still love it.

Only thing I disagree with, and have said this before, the SEC should not just instantly send a stock to Greys as it just hurts small time investors and wipes out there money. They should have a 'warning tier' system of some kind, like 3 levels....level one they issue that says they are looking into Company X's affairs......level 2 they have found issues...level 3 they suspend.