InvestorsHub Logo
Followers 0
Posts 697
Boards Moderated 0
Alias Born 05/26/2009

Re: ib12u post# 8299

Tuesday, 07/14/2009 9:48:10 AM

Tuesday, July 14, 2009 9:48:10 AM

Post# of 26430
That is another way to look at it. I do think that the stock buyback is a good idea and if they are going to change their approach on the e commerce site...that is good too. The moves declared are all good moves which will help the company, which in turn will help the stock price.

I will say this: As a personal rule...I invest in penny and sub penny stocks knowing that 95% of the companies are not going anywhere and are worth crap and highly risky.... Only 5 out of 100 (maybe) companies are worth something and will amount to something. The 95% of the crap companies will go up on good news and buzzz...and will settle down again in a matter of time. That is one understanding that I am clear about.

There are good companies here too....with real products, good industries, good plans.....they are looking for financing and have a good management team with them....and they might amount to something....those are the ones that need to be searched for and kept long.

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.