InvestorsHub Logo
Followers 8
Posts 2261
Boards Moderated 0
Alias Born 12/16/2004

Re: Surely You Jest post# 8290

Tuesday, 04/01/2008 12:05:48 AM

Tuesday, April 01, 2008 12:05:48 AM

Post# of 221871
Sorry to hear about your experience so far with this one. From my exerience with stocks trading in this range, one of two things can happen: 1.) The stock is dead and stays at .0001. Then at some point the management plays some complex monkey business with the share structure, mergers, etc. and all prior common shareholders end up with 5 shares of crap; OR 2.) The stock somehow manages to go up from .0001 and multiplies your money like a slot machine jackpot. Result #2 can and does sometimes happen for those who buy in at the .000's. For those who were in before the .000's stage - probably a bad result now (BUT you could still gamble one more time here). I may just buy a few million for the hell of it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.