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Re: viki post# 14269

Tuesday, 01/25/2011 9:48:38 PM

Tuesday, January 25, 2011 9:48:38 PM

Post# of 116863
Ooh, sorry that happened to you, but I find your honesty impecable. Hope things turn out better for you in the future. According to the fundamentals, the 'other' company was into construction and sub-divisions, which has made many a company bankrupt in this economy (including some really big banks).

It was a risk you (and others) took, you have to deal with that. You aren't the first to have bought into and lost on a bad business venture and you certianly won't be the last. I think that penny stocks have a 1:10 chance of success due to the risks involved in start up ventures. That's why I say don't put more into a penny stock than you are willing to loose on a bet in Vegas.

Downing TECO and the principal owners won't bring that money back.

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