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Re: ironwill23 post# 100857

Wednesday, 11/21/2007 1:06:02 PM

Wednesday, November 21, 2007 1:06:02 PM

Post# of 246826
So, let's see...

1. You put all or most of your investment money in a penny stock, without diversifying it even among other penny stocks, much less something less risky. You know, there's a reason most people don't play penny stocks - while the rewards may be huge, the risks are even higher.

2. You did that based on what you read on a message board (otherwise, why would you complain here, right?), message boards being notoriously untrustworthy, and this one being even more so.

3. You listened to the "TO DA MOON" posts, the most ridiculous posts on a more untrustworthy message board among the generally untrustworthy message boards.

4. When you saw where this was headed (south, that is), you didn't take your loss quickly and either moved on, or bought on the dip.

5. You didn't sell on subsequent runs for a smaller loss/some profit.

6. If you bought at around .05 (82% down now, right?), you were chasing the stock.

7. How many people stood with a gun to your head forcing you to push that Submit button (got Etrade here, too).

8. I have a beachfront property in Nevada that you MUST buy. It's cheap now, but it has great potential, it'll be the next most coveted tourist destination! Real sand!!! Lots of it!!! It'll be at least 10 times what it's worth now within months!!!! I'm only selling because I need some money ASAP to help my ill mother. My loss, your gain. NEVADA BEACHES TO DA MOON!!!!!! And it's close to the gambling sites, too... Las Vegas has clear skies this time of year...

9. Keeping the stock at these odds does require iron will, so your handle is right to the point.


10. With all of the above, you also have the iron balls to blame anyone but your very self.

11. You might want to do some paper trading before jumping into it. Otherwise, it's gambling, and in places like Vegas you can, at least, enjoy it.




The usuals, whatever I post is my opinion, yaddayaddayadda. I'm still learning this, so if you listen to me, well, good luck to you :)