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Re: Miami Sun post# 82771

Thursday, 09/04/2014 12:18:02 PM

Thursday, September 04, 2014 12:18:02 PM

Post# of 179941
The reason we play them is that I can enter this stock at .0003 and sell it in a day or two at .0006 - 100% return. This particular company has issues with income, but since I am not in it for the long run, I don't care. The only thing that matters is it's volatility providing me with profits from the stock price fluctuations.

Most of these stocks are really not scams as much as they are that the people running them don't have a clue as to how to make a profit or run a company. If you look at statistics you will find that most penny stocks (99.7%), never make it above a dollar.

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