sirotka, FMNJ was obviously a good recommendation, so I would be remiss if I did not congratulate you.
As for penny stock being gambling, I have no problem at all with gambling as long as there is a chance to win. Unfortunately, many penny stocks are GUARANTEED losers. They get pumped up with lies, and they have no real business plan. Investors who are taken by these scams have no way to fight back. The SEC does not care about penny stocks.
I strongly believe there is a penny stock Scam Syndicate that exists to squeeze money out of penny stock investors. Not all penny stocks are part of the Syndicate, but the ones you see being pumped everywhere are usually Syndicate material.
