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davidam

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davidam

Re: koaman post# 2984

Sunday, 11/13/2011 8:38:13 PM

Sunday, November 13, 2011 8:38:13 PM

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Yes they can wipe out the common holder. This is just another example of why penny stocks are very risky. Those warnings are not there for the fun of it. We are witnessing dying volume in pennies all the time. Main reason all the scams. Eventually I think they will do away with all non reporting companies and weed out many of those too. Its been legalized corruption in the penny market for a long time

Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!

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