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Re: drstrange post# 80123

Thursday, 12/01/2016 7:33:55 PM

Thursday, December 01, 2016 7:33:55 PM

Post# of 112680
I think you could consider picking up some 9s and save some powder in the event 6s come. You may have to hold a while, but unlike Les suggests, do not look at these penny stocks as long term investment. You need to trade them. Until mcig starts showing they can break 1mm in rev per quarter, any price above 6 is paying a premium. If you can manage to get green, pick an exit strategy to take profits. After that, try to buy these stocks when they go down significantly and sell when,if they turn green. Never invest more than you can afford to lose on penny stocks.