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Re: TradersQue post# 18109

Thursday, 07/23/2020 8:31:47 PM

Thursday, July 23, 2020 8:31:47 PM

Post# of 31751
For every example of a penny stock going to a buck, I can think of 10 examples of a penny going to zero. The name of the game is capital preservation. Nobody is right all the time but the difference is account devastation. Newbies (not referring to you) tend to fall in love with a stock. And that is such amplified risk in the penny world. Taking profits is very important. If letting it ride with a runner, then letting it ride with the profits rather than the initial investment is an important habit to build simply for survival. Penny stocks and the big board are 2 very different things.
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