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Re: dickmackey post# 10

Monday, 07/23/2007 3:59:07 PM

Monday, July 23, 2007 3:59:07 PM

Post# of 94785
PURH, Anything with an O/S that large is scary. I would consider it a high risk stock and not advisable to trade for someone not experienced in trading. Sub penny stocks make the best profit gainers.... but they also make the best money loosers. I would simply reccomend as someone new to trading to avoid sub penny stocks alltogther. These are more for momentum traders and gamblers. Try to find companies with an A/S under 100 million.

It's not that someone couldn't make money in PURH. You realy have to know what your doing to trade subs. The risk isn't worth the reward IMHO. Anything over 1 billion to me automaticaly goes into the POS category.

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