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Old 05-24-2007, 11:20 PM   #7
bassfisher
 
Join Date: Dec 2006
Posts: 90
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"The Pinks" or pink sheets that geely is listed on usually shows junior, lower qaulity and hi risk 'gambles'. Myself, i will not trade such stox short or long (illiquid status.)
My experience teaches that 80% of pink sheet gamblers lose money, lots of money.
Only options and commodities have a higher loss beta (85%).

Some companies graduate from the pinks 'bullitin board' trading but they are few in number. Pinkies usually just stop being shown in the reports which means your gamble is lost.\
Good luck. Rember the first rule of investing: Never lose money.
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