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Re: noodle post# 31578

Friday, 12/06/2019 3:30:26 PM

Friday, December 06, 2019 3:30:26 PM

Post# of 42940
Every board I go to is like this, trust me I understand. I just sold and managed to walk away with 25% of my original investment. That was a few days ago. I am happy to get that 25% back because it allowed me to invest here. Penny Stocks suck, UNTIL you hit one "right" that is what it is all about. It is gambling just that simple. You know the market markers are against you, but if you happen to find "one" with decently "honest" management, then you have a fighting chance to come out ahead. It got so bad, I have "tried" to teach myself how to use charts and other technical analysis. Doing all that, if I can win BIG 25% of the time, I come out way ahead. Losing in the O T C is common, winning is less common.
Just to add, in that 75% loss I got in at a good price, hit the chart exactly right, and the MANAGEMENT announced being a "debtor-in possession," BS tricks all the way to the end. New people won't know that they are in bankruptcy because they are hiding it with the wording. Talking about how they are working with this person and that person,all along knowing that the stock is going to zero.