Friday, June 26, 2009

ADCS - Been There, Done That




Its the same old song and dance at ADCS. Another uptick in volume does not mean you have to throw your cash at a pink sheet play that has been milked one too many times. Lotto .0001 stocks are a great way to double, triple, and grow your money. These plays work once, maybe twice.

But people have a difficult time dumping money into a stock that has really never produced. At least SPNG has produced twice. EESO has produced amazingly twice for shareholders. ADCS, on the other hand, has proven to be a stock you don't want to own.

Seeing how we take both sides of the coin here, you might not always find the sis-boom-bah mentality that you will find almost every where else. Some people just want to buy. But to stick around the game long enough you have to know when not to buy.

ADCS is not worth a lotto ticket. There are plenty more plays out there. We'll bring you some this coming week. For now watch the suckers buy ADCS and be stuck holding a stock they can't sell until the inevitable reverse split leaves them with a stock trading for 75% less than when they bought it.

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