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Tuesday, August 18, 2009 4:32:45 PM
as I looked at this more and more. It is a loser and has been for a while. I made some money on these types of stocks and lost on others, including this one. Fortunately, this one only cost me a few grand and I bought it with the proceeds from another sale, a thousand shares of an an oil stock got for $2.50 a share and sold for about $30. I stupidly lost quite a bit of that back on penny stocks. I have since stopped buying these type of stocks. I don't have the time or inclination any more to spend trying to figure out which scams look good for a few bucks and have potential as opposed to those that don't, and when I did I was still wrong. This is the only one I have left. I am just sticking with my 401k...lol. Have a good one.
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