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Re: Joe Rocket post# 13373

Saturday, 07/07/2012 2:39:41 PM

Saturday, July 07, 2012 2:39:41 PM

Post# of 28881
The mistake not to make is thinking "investing" in pennies. You don't invest you TRADE pennies. The move you will make is equal to whatever the stock your working with has to give you. It can reverse on you so quickly that you will never have time to react.
If you have sufficient amount of shares, and you should, then when you get your profit, take some out and ride the free shares for a longer run. that way all get to win . you took profit and left some for others, and still have some shares in for the eventuality in keeps on rising to higher levels. In pennies you don't care about all the BIG bla bla from CEO s or if they have good financials or if they have a product or whatever that takes you by emotions. Reality is: penny stocks are in the business of selling SHARES, point final, so get used to that and start making money on what the charts tell you.....