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Re: mclawhon post# 538

Friday, 06/13/2014 12:51:35 PM

Friday, June 13, 2014 12:51:35 PM

Post# of 1752
You don't have to be stupid to lose at penny stocks, not implying that but very intelligent people make the opposite decisions all the time of what they should be doing with these things. Bad that you didn't sell at .90 , if they go up 100% or 200% from your buy price, dump the turd and move onto the next one. No such thing as "investing" in the OTC market. Very hard to lower your avg. down to get out even but I think if you were to catch a bunch of low .02's you could bring down the avg. to book value and get out on a promotion or news when it does finally coming, I still think we will see .10 or more on this one eventually.