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Re: drugstorecowboy post# 220970

Sunday, 02/14/2021 11:52:58 AM

Sunday, February 14, 2021 11:52:58 AM

Post# of 244603
To be truthful I am unsure if I have ever bought in at .0001. There are patient people that put in a limit order and get them. I have a bad habit of chasing. Get in as low as possible. Less risk more profit. $100 at .0001 give you a million shares. Same at 0009 costs you 900. The secret in buying low is if you can get in at .0001 you double every tick. Buy in at 0009 and it takes 9 ticks to double. From what 53 says any ticker at .0001 will move a point or two no matter how solid the company. In these risky tickers I and many people flip. When you see it double or triple get out and get another and invest winnings. I am at the point where I can get into more reputable trades at more cost. Don’t get me wrong every company starts out at 0001 in the penny stock. So there are reputable ones.

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