There's a lot of reasons one would hold a penny stock and feeling overly impatient. One I bought at $0.10 8 years ago for a fledging up and coming new Airline. The sky was the limit. Penny stocks are buys you put in the desk and forget about them. But I averaged down many times to just over a penny now. The last time just before their last Mini. I don't have millions of dollars in this but do have thousands. A penny stock is a bet and I'm in it to reap much or lose it all the way. This is the only penny I owned. Not a trader. At 75 year old my wife and I use a Financial Manager to take care of our some 55-60 equity stocks in our Roth's, Roll-overs and Joint Accounts. Baltia is a gamer for me. Hence I am in till whatever the end is, so that's why I could still be here and impatient. Thanks for listening.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.