InvestorsHub Logo
Followers 0
Posts 70
Boards Moderated 0
Alias Born 08/21/2007

Re: siteman post# 9405

Thursday, 03/13/2008 12:26:20 AM

Thursday, March 13, 2008 12:26:20 AM

Post# of 11318
I totally agree with you on the point that a penny stock investment is normally considered a gamble and should be taken as a 50/50 shot of winning or losing. It takes balls and sometimes some would consider stupidity to invest in a penny stock. The odds are highly against you for actually coming out on top. Many companies listed on the otc or pinks do not make it through. For those that do, the rewards are huge. I think that is the high that a lot of penny investors get from investing in a company that will possibly turn a few hundred dollar investment into thousands. I personally only invest what I know I am willing to lose.

On the other note many investors on this board invested with Reliant based solely on all there PR and bold promises. They may say the company is full of lies and broken promises. I just personally think they opened there mouth and said the right things that investors wanted to hear at the wrong time. That time is when this whole subprime mess fell through. Now they have that chance to correct it. Personally for me this will be the last chance before I consider it as a right off. Good Luck to you all .. We surely do need it.