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Re: A deleted message

Tuesday, 05/06/2014 2:20:33 PM

Tuesday, May 06, 2014 2:20:33 PM

Post# of 194795
Those people that really make outsized returns with penny stocks are people that are not afraid to speculate and have a high tolerance for risk. The penny stock market is speculative in nature no matter what the company is and if you are on this board and trade penny stocks your risk/reward profile should match that of mine. And if it does you would be in this stock right now. its as simple as that.

IF you wanted guarantees and consistency then NYSE listed stocks are a great place to put your money. Stay away from any penny stocks like FITX if you are not a speculator.

P.S. read "Reminiscences of a Stock Operator" its a great book about the first day trader that made several fortunes speculating in the stock market. One of my favorites and a great book to read if you think you have what it takes to speculate in the markets.

The risk we take with FITX is that Bill is blowing smoke and NO uplist to the NASDAQ will happen. There is a risk that I am wrong. Its true I know that. But I'm willing to put my money to work to support the idea that we are uplisting. One because Bill himself stated that he is uplisting in May and two because of the fact that he is giving us the thumbs up next to the NASDAQ OMX and says we will have updates this week about what he is doing in New York with John Germinario. Gotta be somewhat intuitive to invest in these stocks. Nothing is for sure.

Good luck to you! Don't risk money you cannot afford to lose.