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Re: Cuppy post# 28760

Thursday, 10/11/2007 11:22:53 AM

Thursday, October 11, 2007 11:22:53 AM

Post# of 76394
LOL you are correct for buying RGNO.I also have a SEP,but you may not qualify for ROTH if income is too high...Wildbill is correct if you only have a small amount of money.Putting all your assets in a penny stock in a 401k or IRA would be a bad retirement plan... However, that is not the case with me or many others in RGNO.A qualified account (IRA SEP KEOUGH,401K)has many tax advantages that are suitable for penny stocks as long as you are diversified in stocks, real estate, cd's mutual funds etc.I am holding long term.Check with your accountant for ROTH qualifications I believe it's 150,000....04 is my X-MAS WISH BY X-MAS