Another good evidence of my #1 rule in investing in penny stocks. Call the company first before I put any money into it.
I've been investing in penny stocks for about three years. As some of you know, I take very concentrated positions in the stocks that I like. For the most part, the stocks that have done well, I've put the most money into and the poorly performing stocks I haven't put as much money into (like TCLL). Some of the stocks I still hold, other I've sold for big gains.
Penny stocks that I've called (a complete list of non-arb holdings) and my returns for each: ALMI - ~1000% CPTC - ~300% OPCO - ~160% TDYH - ~75% ANSW - 15% APNO - (-20%)
Companies that I never called: CESV - (-10%) TCLL - (-90%) MRKL - (-99.9%) PLKC - (-99.9%) SMBI - (-99.99%)