Posted by: I485 December 1, 2013
Login in to Rate this Post:
0 
? 
?
Most of the OTC PINK stocks file bankruptcy chapter 11 after few years and some are just fraud companies luring new investors. Yes, 90% or more of the time common shareholders get wiped out. That's the reason why people hesitate to invest in OTC PINK companies. There might be few good ones but why take a risk.
There are tons of other good companies to invest your money.
There are tons of other good companies to invest your money.
I had invested in a medical device company called ECTE and kept buying shares in the $2.20s, $2.30s etc....because i believed on its product and now few days ago they released a good news from the trial and it went boooooom +60% in a day. I sold for more than +70% profit !
Good luck.