Friday, December 16, 2005 10:07:01 PM
Great opportunities do come. But if u consider the statistics of them coming Id rather focus on risk diversification. IMO the name of the game in pennies is all about risk vs reward and tryin to balance that ratio. Dumping 150K in 1 penny stock pretty much puts and overwheliing amount of risk against an underwhelming amount of reward. Sure u might make a million, statistically ur chances of losing that 150K is a lot higher.
If I was gonna invest 150K in pennies Id rather spread it across several pennies at 5K each (even so Id never do that ). Its like shootin craps. The only way to beat the house in craps is to cover most of the table with the least amount of chips on each number. That way u have a higher chance of the dice hitting one of those numbers. U dont make as much but u have less of a chance of losing as much. Placing all of ur chips on one number puts your money in the houses favor.
It all falls down to chance/risk. U have no idea wut is going to happen. And anyone overly braggin about a penny with 300 million shares is either pure stupid, or a scammer tryin to shave off the hype factor. Thats wut we saw today in fcdh. Hype it and it will go. But she wont go forever. The question is, when will the hypers jump out and leave u holding the bag.
Yea QBID went. But if u calculate the number of penny stocks that exist and divide QBID by that number wut is ur % chance she will go to a penny?
Wut if the negotiotions fall through? Wut if Sandy is a scamming liar? Today Ive already taken profits, covered my investment, and still have shares on the table to pick up some free shares. Got wut I needed. Move on to the next.
:)
If I was gonna invest 150K in pennies Id rather spread it across several pennies at 5K each (even so Id never do that ). Its like shootin craps. The only way to beat the house in craps is to cover most of the table with the least amount of chips on each number. That way u have a higher chance of the dice hitting one of those numbers. U dont make as much but u have less of a chance of losing as much. Placing all of ur chips on one number puts your money in the houses favor.
It all falls down to chance/risk. U have no idea wut is going to happen. And anyone overly braggin about a penny with 300 million shares is either pure stupid, or a scammer tryin to shave off the hype factor. Thats wut we saw today in fcdh. Hype it and it will go. But she wont go forever. The question is, when will the hypers jump out and leave u holding the bag.
Yea QBID went. But if u calculate the number of penny stocks that exist and divide QBID by that number wut is ur % chance she will go to a penny?
Wut if the negotiotions fall through? Wut if Sandy is a scamming liar? Today Ive already taken profits, covered my investment, and still have shares on the table to pick up some free shares. Got wut I needed. Move on to the next.
:)
All of my posts are from me. You dont like it, then go back to your fox network where Bill O'rielly will take good care of you and protect you from your false fear. Remember we were warned..."The only thing we have to fear.. is fear itself".
