Replies to post #1927 on Penny Stock Soldiers (OTC tradeable tickers)/Momen

[ThePennyDoctor]

Great article - thanks for the post. I actually never traded any of those tickers, which is surprising given the number of these schemes I have traded. Love how the scammers have nicknames - only in Penny Land.

[Mouthhee]

I think the OTC is getting a bad rap.

Are Bloomberg and the SEC acting like the only corruption that takes place is in the penny stocks? Maybe they should ask those hard working momma's and papa's who had a hedge fund invest their money in FNMA when it was at $40... like my pops. Or take a look at the Martha Stewart insiders who made off with millions by sacrificing only 6 months of fancy jail time. What about Madoff? It took the SEC 10 + years to convict that white- collar gangster.

This isn't directed to anyone here of course, it's just a rant, but when you're in the OTC, you know what you're in for. When you're on the big boards, well, Obama can bring down every airline ticker with the flick of a pen.

As they say, don't hate the player, hate the game.