Friday, July 01, 2005
Sue's sweet spot for penny stocks...
First, a disclaimer: there are many good microcap companies out there that make perfectly legitimate investments. But given their limited trading volume and how easy it is for 1 or 2 investors to manipulate the price, they're not exactly a stable investment, say something you'd want to bet your Social Security dollars on.
But those concerns don't appear to figure into Sue's calculations. Yesterday, the main PAC/lobbying group for microcap stocks mentioned its special relationship with Sue in this press release, noting that Sue has spoken at their annual leadership conferences along with über-Conservatives (and former Congressmen) Jack Kemp and J.C.Watts.
Is this really the type of company that constituents in the 19th want Sue to be keeping?