NewMarket Technology (fka NWMT)

[why_meil]

Unfortunately that's where 99.99% of these penny stocks end up, and the dilution pattern here is typical of these companies. Odds are always in favor of these going down vs up, just as odds dictate that more businesses fail than prosper in the real world.

All longs can hope for is that once in a blue moon pop in SP. Sometimes they happen but sometimes they never do. It's a gamble. If I could short this or any penny stock I would. But I can't so I'm long hoping for that elusive pop is SP.

I capitalized on CCTR when out of the blue it shot up 90% in one day on big volume. It can happen here too. But just because it can doesn't mean it ever will. I'm fully aware that I'm playing with fire, but I'm a gambling man. However, I still believe my odds in Vegas are better. At least with a pair of dice or so many cards in a deck, one knows what the mathematical odds of winning are. When trading or investing in penny stocks that's an unknown. It all boils down to how greedy or crooked the insiders are, and that's an unknown variable.