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spivster

10/29/13 7:19 AM

#25109 RE: kottonking #25035

PHOT is part of my high risk OTC plays. It's separated from my investment portfolio, which contains only big board stocks apart from one OTC stock, which should be a big board stock soon again with a profit target over 1000%.

I learned the hard way with holding once a big OTC winner, but losing it all due to dilution, misguiding pr's and criminal management.
Ever since I take profits before I see them vanish. It works better for me and I haven't suffered any loss since. 20 trades in a month with 5% profit also makes 100%. With PHOT I have been lucky to get more than 100% on just 3 in/out trades.

Anyway, each his own methods. None is better, it's what works for you. But I do not trust any OTC stock out there anymore, certainly when all appears to be extremely rosy. Just be careful is all I can advise here with PHOT. In my opinion it will run higher, but dilution is a very possible future happening here.