American Diversified Holdings Inc (ADHC)

[goldpenny7]

huxley - you are correct. It is the Wild West!

For a few years straight in the past I lost in the neighborhood of $3000 a year pennystocking. Luckily, that was dampened a tiny bit because IRS lets you deduct $3k in stock losses/broker fees. Those were my learning years. But I never made the biggest mistake a pennystocker can make - to risk more than one can comfortably afford to lose or betting the baby's milk money on any stock.

I have learned to generally steer clear of any penny stock company that is living off the public investor funds year after year - who has shown no obvious plan to use that money to actually create a business and revenue.

There are tons of those penny stock companies with NO revenues and no plans. Yet, ironically in this 'Wild West' even those often make a run. A few very short rides with even some of those I've taken - but not very many.

I always begin with the knowledge that nearly all penny stock companies either deliberately lie and/or deliberately exaggerate.

And I am always on the lookout for that ultimate cash cow that lingers for a few weeks at .0001 and then jumps up to Trip 4 or 5 and back down - doing it over and over and over again. I am studying NSAV as one of those right now. Pull up its chart. It looks like it just may have potential.

I am rarely LONG on any penny stock. But ADHC is one I am long on right now.