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Re: badabing1us post# 28352

Thursday, 09/20/2007 9:35:46 PM

Thursday, September 20, 2007 9:35:46 PM

Post# of 93489
I averaged down to around .01 over time. Actually I wish I had a $1 for every time I have read on the stock boards that a stock at around a penny oe less was going to .20 or even a dollar or more. In reality it rarely happens outside of 1999 or so when the whole penny market was on fire. I'd be a very rich man. Many times the pennies that explode are the little known ones with very few shareholders and almost no talk on the boards usually on a merger. At this point the ball is on SPZI's hands and from all my penny plays I know there are no guarantees.