Quote Originally Posted by tony
Yesterday was just one of those days you close your portfolio and don't look again.. everything tanked. NEPH had FDA approval last thursday and closed lower than they were before the approval.. I don't know if it has to do with manipulation or what but I do understand why penny stocks are not for the faint of heart.

Slowly I'm beginning to see a slight pattern though and I'll probably be changing my strategy. That said if I was going to pick a day to buy yesterday definitely would have been it, I've seen my portfolio take much bigger hits than it did yesterday and then turn back around.
If its trading on the pink sheets or the OTCBB its more than likely manipulation.