Liberty Star Uranium and Metals Corp (LBSR)

[rekcusdo]

Historically speaking, that is very rare for a penny stock. Most penny stocks, even promising ones, decline well below their actual value before they move up. Also, a stock NEVER skyrockets 1000% and holds there. It just doesn't happen...ever. Don't lie to yourself and think that's possible. Every stock needs stability points.

On a side note, your comment, while valid, is flawed on 3 points, I'm afriad...

Point 1
You are assuming that he stands to lose more by not investing at .08 cents if it goes up to 1 dollar without going back down to .05 cents, when in fact he loses nothing by not investing. He simply doesn't make any additional money. He will still have his money though to invest in other potential investments (of which there are thousands of promising ones).

Point 2
You assume that he only has two choices. To invest at 8 cents or at 5 cents. The charts now indicate it is likely the stock WILL decline before it goes up. He can invest based on that. If he turns out to be wrong, as you assume, he can always invest at 10 cents or 12 cents on its way up to a dollar. Not to mention that, if it goes up 20% in one day, it is likely to go down the next day (historically).

Point 3
He truly believes that the stock will go down to 5 cents where this other guy believes that the stock will skyrocket to 1 dollar. It's possible neither person is correct and it will stay at 8 cents for the next 20 years. You never know what is going to happen, and therefore, must invest based on your own inclination and not guesswork of other people.