InvestorsHub Logo
Followers 1077
Posts 26654
Boards Moderated 12
Alias Born 01/11/2016

Re: brunomars12 post# 7538

Tuesday, 03/29/2016 1:10:14 PM

Tuesday, March 29, 2016 1:10:14 PM

Post# of 9271
I don't care if it does, I bought close to $1700, now I am down to $1300. But that's how it is with penny stocks and I chose to gamble with this. If it drops below 3's I will double down and hold. I don't know if you know about this ticker AREN, anyway, it went from 0.03-0.04 to over a dollar and they are in the same sector (oil and gas). I am not saying that it will payoff, but it's worth the gamble. There is a reason the insiders own more than 40%. The only that concerns me is that the upside might be short lived, given that they are not current on the OTC and if they come out with some significant news, they should release an 8k instantaneously to avoid a selloff.

Join the InvestorsHub Community

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.