InvestorsHub Logo
Followers 87
Posts 3831
Boards Moderated 0
Alias Born 09/04/2011

Re: bar1080 post# 162

Saturday, 10/08/2011 6:41:10 PM

Saturday, October 08, 2011 6:41:10 PM

Post# of 253
I officially wave the white flag in chasing pennies and following P&D posts / tweets / e-mails. Luckily, I sniffed out 2 companies that are actually producing revenue, making a profit and have a real business that does not depend on selling shares and releasing PRs.

Trying to follow all of the zillions of "XYZA going to the moon" type posts / tweets / e-mails is mentally exhausting and eventually exhausts your brokerage account.

The game plan is to watch for exit points in the POS penny stocks that I currently own and to roll that cash over into the two companies that are experiencing positive growth. I'm done with the pipe dream of penny stocks and will be taking the Warren Buffet route of investing: slow, steady and with much due diligence to find strong companies that are trading below their intrinsic value.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.