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Re: jbrocht post# 7246

Wednesday, 12/31/2008 2:43:27 PM

Wednesday, December 31, 2008 2:43:27 PM

Post# of 7338
Legitimate questions. When no verifiable info is available you get into the real risk/reward gambling mode. Odds are better playing red or black, but if it hits, the payout is far more substantial. The odds against hitting are also substantial. Hence the market in pinkie stocks. Bottom line is if you can't afford to lose it, don't play penny stocks. You will have far more losers than winners. If you do play, cut losses quickly and let the winners ride as long as your gut can take it. Remember parabolas crash just as fast as they rise. In this arena you are up against some people that are very good at what they do, which is separating you from your cash. They include crooked CEOs, market makers, and the pump and dump crowd. And I don't know which is worse.

Have a happy healthy 2009 to all here.

..........al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

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