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Re: Budax post# 16716

Monday, 11/26/2012 7:49:34 AM

Monday, November 26, 2012 7:49:34 AM

Post# of 19500
That May 2010 spike was a crazy pop in the price. Were you a shareholder at that time? Or did you buy on the spike?

What was the cause of the spike and the issue that brought it back to earth?

Alot of people I know would rather take their money to Vegas than buy a penny stock. I prefer the penny stock because it generally gives me a longer term joy ride than a slot machine (though returns are roughly the same).

I keep buying penny stocks because in 1999 I bought one that went from .25 to 23.70. That pays for alot of losses.

POSC (to me) seems like a safer harbor than many of the stocks I hold. My dollar cost average is .01217. And as a bonus, it's entertaining to watch the tug of war between the longs and the shorts on this message board.