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Re: PatentGuy1 post# 190912

Thursday, 04/30/2020 6:35:02 PM

Thursday, April 30, 2020 6:35:02 PM

Post# of 239489
Good reply, but I doubt DNM himself will starve to death over the fate of
LQMT. He has been pretty candid about the ups and downs and decided to ride it out, as a gamble. You have been pretty balanced as well, and are quite knowledgeable. To me this emphasizes the point that one should not invest in a penny stock more than one can afford to lose, but then ratchet that homily up to this: if you eliminate the exposure to loss and ride on house money, this becomes a lark with no downside.

In simple terms, penny stocks (and tech start ups) are inherently volatile.
Buy, then sell half your shares when the price doubles....no money on the table.

I do not for the life of me understand why folks do not do that.
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