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Tuesday, October 04, 2011 4:10:04 PM
I have made some money on penny stocks this year, and lost some, too....up a tad for the year though, and my realized gains percentage is better than I would have gotten in a bond fund, savings account, or most stock funds, so I can't complain.
Am still holding 3 stocks that tanked--and am waiting for a bounce to get out....I'm patient, it will come, and I'll even make a little profit, I hope!
I'm also holding 4 stocks I bought with no expectation of a flip/short term hold....CNUV is one of those. I have posted here before that I believe that this is a long term play--year or two--and I still believe that wholeheartedly!
Only play with money you don't mind losing--kinda like betting on a horse race, lol!
We all need to remember that the merger with Surgline was just last month. Give them time....let's let the dust settle, and the new CEO concentrate on sales....then the rest will take care of itself!
Luck to ya.....we have a winner here!
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this is all just my opinion, almost everyone has them, and these are mine.
Never argue with an idiot--they'll just drag you down to their level, and then beat you with experience!
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