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Re: AlphaInvestor8 post# 28435

Monday, 11/06/2017 1:03:10 PM

Monday, November 06, 2017 1:03:10 PM

Post# of 46505
Institutional investors can invest in penny stocks (NANO CAPS), but they almost never do.

Whoever said that they cannot invest in penny stocks was wrong.

Just as I explained to you before, Hudson Bay was one of the original financiers of WDDD a few years ago and used their leverage to bleed out WDDD. They probably kept 600k shares (chump change compared to what they made on their options/shares) as essentially free shares in case WDDD ever amounts to anything.

They do not BUY AND HOLD penny stocks, they finance them with offerings at discounted prices and sell those shares back for gains, as Hudson Bay did.

You really should READ this board instead of continually repeating incorrect information.

But hey, whatever fits your agenda.