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Re: returns post# 53275

Thursday, 01/12/2017 9:29:26 AM

Thursday, January 12, 2017 9:29:26 AM

Post# of 156744
Hope this pays off big for you and all of us. Penny stocks can be little better than gambling because so many companies are genuine start ups that never become anything or outright scams -- and you know what they say about gambling --> the house always wins in the long run. It's the way it's stacked. The trick in pennyland is to treat most stocks as trades (make profit, get out, find the next one) or if you find one you REALLY believe is worthy to hold.

I rarely hold more than one penny stock, and I never place any money I cannot afford to lose in the pennies. That's a recommendation I'd make to anyone, especially those who are bit older and don't have as much time on their side to recover from losses. I've seen a lot hopeful investors down here get hurt badly. Some years ago one guy was talking suicide in his board posts because not only did he lose everything when the company he had placed so much faith in turned out to be a bust, be he had encouraged other family/relations to buy all they could and they lost big as well.

Having said all that scary shite, I am, however, holding TTCM at an avg price of .02 per share, because I like the tech and the moves of management so far as both very promising and respectful of common shareholders, and because the chart looks to be consolidating well at these levels and ready for a strong leg up with good news.

Very good luck to you


“Mankind was my business. The common welfare was my business; charity, mercy, forbearance, benevolence, were all my business. The dealings of my trade were but a drop of water in the comprehensive ocean of my business!"
- Marley's Ghost
Charles Dickens