Grupo Resilient International Inc (GRUI)

[rudy-carter]

if you need to sell - then do so - good luck -
the mistake we all make is HOPING for riches - when it is really years away.

From the Motley Fool - Penny Stocks:
"Why We Love Wild Penny Stocks
By Tim Hanson and Brian Richards (TMF Brich) July 27, 2006 Comments (0)
20
Recommendations
Penny stocks have huge potential -- that's their blessing and their curse.

The potential rewards are enormous. If an investor buys a $0.10 stock, and that stock moves up a measly $0.10 in a day, it's a double.

That $0.10 double looks like an easy gain considering that Apple Computer (Nasdaq: AAPL) would have to add another $60 in value to double its share price, and Google (Nasdaq: GOOG) would need to throw another $400 on the fire to eke out another double.

Everybody loves pennies
And it's a story that many investors have bought hook, line, and sinker. We typed "penny stocks" into Google and the search engine spit out "about 8,130,000" hits. We did the same for more time-tested terms such as "blue-chip stocks" and "dividend-paying stocks" and got just 1,920,000 and 571,000 hits, respectively.

Sure, we expected a discrepancy, but the size of the gap was startling. It became even more interesting when we broke those hits down with Google Trends. According to Trends, penny stocks are particularly alluring to investors in Calgary, Tampa, Orlando, Miami, and Edmonton -- the locales where the term is most often searched.

" ...... and

"Well, then, why do we "love" penny stocks?
We love penny stocks because they're fascinating. The world of pennies is inhabited by hardworking average Joes hoping to strike it rich, pumpers and dumpers, hypesters and scammers. In pennies, the logic and reason that applies in the rest of daily life is replaced by zeal and prayer.

However, we don't love them enough to actually buy them. Yes, they have big potential. But their daily gyrations are unpredictable -- the stock price movements have next to nothing to do with the underlying company the stock represents. In fact, trading in pennies is highly illiquid, and prices are often manipulated by forces not at all related to the business.

The dangers of incredible promises
If you're buying stocks without paying attention to the business you're buying, then you might as well be buying a lottery ticket. Or (to use another analogy) you might as well buy up every baseball card of a benchwarmer on the Akron Aeros AA baseball team, and hope that he someday rises up, fulfills his potential, and becomes an all-star for the big-league Cleveland Indians.

"

The whole article is here
http://www.fool.com/investing/small-cap/2006/07/27/why-we-love-wild-penny-stocks.aspx?terms=penny+st...