When....
I was bashing for NITE we had a saying......"Penny stock investors buy but they never sell". Most of the people that buy these stocks have no investing experience and think they will get rich based upon a tip from a friend, etc. They end up on these boards somehow and that is where all the action really is. You see, if a penny stock investor makes 10x his investment, he is looking for 20x. If he gets that, he waits for it to go even higher, all the while getting friends and family involved. Ultimately, the stock goes back down and the investor and those he roped in lose everything. I am just a cog in the wheel.
