InvestorsHub Logo
Followers 13
Posts 1356
Boards Moderated 0
Alias Born 02/15/2017

Re: PENNIEStoSTACKS post# 46437

Thursday, 06/22/2017 3:41:46 PM

Thursday, June 22, 2017 3:41:46 PM

Post# of 127559
No. You won't.

The reason this bounces from .009 (.008 if you're lucky to get it) back up to .012 is because of flippers. They buy at .008/.009, then flip up to .012. The reason it doesn't go below .008 (I saw it skim .007 last week. Lucky folks who bought that low) is because longs aren't selling. In fact, we or flippers buy up anything below .01...as time goes on, this stock goes into much less weak hands. Can people sell and maybe give you those shares? Everything's possible. But most people bought above .01, so why would they sell at .005? That's crazy.

If you can't wait out your investment until at least the end of the year, I wouldn't buy.