with all the problems a Penny Stock goes through, even a highly touted Bio Pharma Co's like RGBP, there are generally more negative happenings, many more than positive ones! So, most wont be able to withstand the long intervals between truly good news! There will always be instability until revenues start coming in and are revealed in the Quarterly reports!
That is why 99+% of the brokerage houses and Investing giants won't look at us until the first couple of years of continually increased revenues! Only those of us who don't have the money to Invest in well established Co's with dividends, and/or who produce products everyone uses, can pretty much be assured that their dollars will increase regularly over time? Of course there are funds in the large Investment houses like Fidelity who just about always include a fund or two of promising areas like in the Tech field or some other field, where that type of investor has enough patience to see what the FUND analysts see as fairly promising in about 2-3 years? If one wants to see how the big boys do it, just follow the funds in the large Brokerage houses, as they are paid well when they make the right choices!
But here, there are just a bunch of listless Investors who feel that this is the place to earn riches! We just don't have the expertise to look into things like the big Houses do! And the one Fund I was in, continuously brought in from 20-40 % a year! But if we hit upon a Company that makes it big, no fund will ever match the Growth %s we will earn, even though there will be up's and down, but the general trend will be many more up's than down's if the management team is terrific!! Still, the Penny field is stock full of no-where-going stocks, where the only one who loves them are the Ceos who are the greatest hypists in the world, and say what the hopeful Investor wants to hear!! GL and Happy Holidays!
