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Re: OTCNewbie post# 312195

Friday, 07/14/2023 1:38:53 PM

Friday, July 14, 2023 1:38:53 PM

Post# of 347812
Again - the overwhelming majority of penny traders are dreamers. They dream of being a millionaire on a few thousand dollars of investment.

When they buy low and then watch a little pop in the price? They don't sell. They only think of how RICH they will be when it's dollars a share, instead of pennies. So INVARIABLY, the average investor of penny stocks doesn't sell for a mere profit. They want the 20, 30, 50 or 100 "bagger"!

So they hold onto it.

And then watch - as it dribbles back to around where they bought it (or...inherited it).
Bearish
Bearish

I keep telling myself....deep breath....count to ten....try to answer without personal attack...if available, always try to present fact to back up your opinion.