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Re: onewhoknows2much post# 95999

Tuesday, 07/15/2014 2:05:00 PM

Tuesday, July 15, 2014 2:05:00 PM

Post# of 102667
I highly respect your opinion and optimism....but I for one have experienced this exact same pattern. PR's coming out every week and the pps drops until the stock gets suspended or we're looking at .0001. Penny-Land is tough because everyone is looking to get rich on one stock. But trust me that only happens in the movies. yeah everyone has heard of someone who made it big...but the odds are stacked against you. The biggest mistake investors make is getting sucked into the hype and speculation surrounding a Penny stock and typically get burned. TAKING PROFITS IS THE FORMULA FOR SUCCESS!! 95% of these stocks are pure BS...you know it and I know it. But we gamble for quick profits. The key here is taking those profits!! Being "long" in a Penny stock does not exist....you are "long" on stocks listed on the NYSE, AMEX, or Nasdaq. This arena is gambling...not investing. My posts are not to bash this stock or piss anybody off...only to state the hardcore facts. Penny Stocks are quick means of having excess profits to invest in other areas. They are not long-term holds designed to make you rich. And as you and I discussed yesterday, until Dan stops kicking the can down the road with current reporting status and the DTC Chill....IMO he's just blowing smoke. Me....come July 31th or earlier um taking profits on this one...even if it's only $500.

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