Some people asked me to list penny stocks that have been bought out or went from pennies to dollars pps. I know some critics on here are blind of the fact that pennies do and get bought out. And some can trade up to and stay in above $10 or $20.
I will add SIRI to this list. I bought siri at .10 and sold at $1. Now still trading around $3.
Bottom line is I have not lost a single dime in elay because I'm not selling. The only people losing are swing traders that bought too late and sold too soon.
eLay will be a $10 stock whether you have enough knowledge about business to believe it or not that's none of my concern. But it will.
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