Sunday, June 18, 2017 9:24:10 AM
A subpenny stock is by definition worthless, though it doesn't always have to stay that way. If TSNP's online grows, the stock price follows. If Wayfair turns out not to be a good way to move flooring, the stock probably is dead. If you want to make the quick and easy money on subpenny stocks, buy the PR, the rumors, the pitches, the smoke and mirrors, and the pump and dump, then sell the same day. In that category you will find plenty of crooked CEO and BODs filling their own pockets at the investors' expense..., and they do it for the big bucks. That is not what is happening with TSNP.
If a trader loses money on a subpenny stock, he sells and moves on. If an investor holds a stock, he needs to be patient and realistic in his expectations, because it is technically worthless when he buys it. (You catch more flies with honey than with vinegar.)
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