Penny Stocks

[dipper17]

Quote from dipper17:

I have a question on t/a in otc or pinkies.... since so many people paint the tape in those markets and the rules allow those dealers to trade with each other for a wash, basically putting up trades at prices all over the place to make it appear as if there is real buying or selling going on how does t/a help in those cases?

ANYONE ???? BEULLER ?????

 

[konviction]

bump. I'm going to start looking at pennys from both a technical and fundamental perspective.

Anyone on this thread still trading the otc and pink markets? Hows it going for you?

Would anyone be interesting in teaming up with me to share ideas?

Thanks

kon

 

[NoDoji]

Quote from Anunakki:

I take $500 every month and stick it in a different OTC stock below $2.

Every year at least one of them goes up at least 1000% and more than makes up for any losers.

I do it more out of fun but one day I could see one of those 10,000% gains

I always wonder if the person(s) who bought DDRX at the March 2009 low of .21/share held it through the 17,000% gain.