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Re: stockless post# 26390

Saturday, 01/10/2015 11:10:09 AM

Saturday, January 10, 2015 11:10:09 AM

Post# of 55292
I agree. It's as annoying as "too the moon" and "last chance at these prices". Capitalism allows anyone to win, it's great. But for every winner, there has to be a loser. I try to be a trader, because I feel investors are prone to lose. My thoughts....penny share prices fluctuate wildly because of our emotions, driven by fear and/or promise. By nature most businesses need time to succeed. Time=patience, which we know is in short supply in penny land. Lack of patience equals selling which equals downward pressure which equals lower share price. End result is more shares needed to be issued to cover existing notes. That equals further dilution of ownership which hurts investors more that traders and definitely helps shorts. Sad to say, I wish I could just buy the notes of these companies and take my 50% gain every time I convert. Rinse, repeat, trade. But wildcards exist. FDA, buyouts, mergers, ect. I'm counting on these for my son's investment here and because he only has 1000000 at .0004, I think it's a good bet, so he will hold inspite of my adversion to investing in penny stocks.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y