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Tuesday, 11/22/2022 2:36:18 PM

Tuesday, November 22, 2022 2:36:18 PM

Post# of 20421
Buying into Penny stocks like TOMDF is not a good way to invest. Blue Chip stocks are used for that. Buying into a Penny Stock like Todos is a gamble and usually done because of the lure of the possibility of a multiple increase in the shareprice. Rarely happens and often when it does happen we miss the opportunity.

Holding a Penny Stock, like TOMDF Long is not a good investment strategy , that is why most successful traders take profits when the occasion presents and only ever hold Free shares Long. Otherwise to hold a penny stock and to keep buying more on weakness and justifying it as bettering your average is foolish to say the least.

The odds are against you. Too many ways to fall.

If you have to add then do it on strength not when a share is tanking.