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Re: Random31 post# 8265

Wednesday, 06/20/2018 12:14:43 PM

Wednesday, June 20, 2018 12:14:43 PM

Post# of 15654
You never know. Had 750k shares of a company back in the day. This guy wanted to open a Luggage / bag shipping company sort of like ups stores, claimed the airlines were going to charge for bags one day and nobody believed him. ( he was right) I believed him but the MM's pounded his stock into the sub penny's which my average was really low. Then one day news or rumor that the airline's were talking about actually charging for bags when you travel came out and the stock went from sub penny to a couple of cents. I made 32k that day, that guy eventually got hammered on the stock he couldn't hang in there and went out of business. Moral of the story? You never know what these penny's are going to do and no matter how right or wrong a product is this becomes a game of attitude and luck in the end. GLTA.
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