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Wednesday, March 05, 2008 8:08:26 PM
The price it went to right after my order was filled: .0001
The price (last trade) I am seeing now is: .0002
Am I reading the prices incorrectly sir?
What makes me thinks I am sucker:
I put my limit order in at .0003 and it sold for that as soon market opened on Monday morning. I thought this was a decent bid. Boy was I off! because...
Right after I see a -33% change! I knew penny stocks experience large swings, but I did not expect to see that within an hour of my purchase!
From what I looked at: charts, company site, recent news, shares OS, etc. I thought it was a good buy.
I think I am a sucker because I feel due to the super-fast negative performance I experienced, I am NOT looking at the right things when evaluating penny-stock as everyone else.
What am I doing wrong? care to comment.
In response to:
Well bob, I know you say you're new to penny stocks but the least you could do is learn to read the price correctly. So, what exactly are you reading that makes you say you are a sucker?
investment philosophy: get yo money right
tough times don't last, tough people do.
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