MAx90 ... as I have traded I have a strick guideline for OTC stocks. I look for an "unfair advantage" in this arena. Now as you know MIDL was a shell, CNHH was a shell, AVBC was a shell, and now FBRR. Each are fully reporting and you can see the debt existing, share structure and so forth. |
So far AVBC is the only to define itself. Each has a different story and structure. this particular shell is a clean one. No hidden bad reputation, no enough shares to worry about a reverse split, which gives it an unfair advantage in the fact that a private company a good one would look for this particular shell.
You are right shells are extremelt risky. But hey all these OTC stocks are. I just like sleepers and stocks hated by the internet. I believe the owners of this shell are looking for an impressive company to come in. I am patient my self and I know it takes time.
When you buy into a shell you should never start out with more than you are willing to lose. ALso the some fo the best performers last year were shells that acquired a private company in a reverse merger and did extremely well.
Hey I am not going to hock the house on one of these until it starts defining itself.
Hey I been wrong before on numerous occassions