Would it not be ironic if the unregulated Pink Sheet market out performed some of your big name NYSE stocks in 2009? We've already seen some significant buying volume return to the speculative sub penny stocks in the last few weeks. Can the flight to quality really mean the flight to Pink Sheet stocks? Is it possible?
Over the course of two weeks, sub penny stocks have had a seismic wave of 100%+ runners, many of which have run with little or no news. Money appears to be being thrown at anything with a pulse. EESO was a $.000 stock and surge to over $.04 a share., just to name one that has run hard.
With the economy going down the gutter and jobs being cut at a record pace, now might be the time that people are gambling where the gains are big and the losses are bigger... the sub penny stock market, aka pink sheets/otcbb. All you need is a few dollars and a dream.
Someone should create a pink sheet index and match it up with the DOW this year. It will be interesting to see who comes out on top.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment