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Sunday, January 12, 2014 8:12:59 PM
Penny stocks have a bad reputation because of all of the fraud companies that only go public to ruse investors by pumping it up and diluting down to nothing. Stealing all investors money. We know they are out there. That is why we have to rely on our own DD to figure out which companies are real and which ones are not.
As far as identifying Penny stocks that were successful, that is relative. Success is relative and I guess it depends of each investors personal investing goals.
For me I see SNDY as a company that has proven products that are about to enter the global market. The certifications alone holds a heavy value. Therefore dilution can be positive when used effectively to finance company needs.
If I sounded rash on my last post I apologize. I may have misunderstood the intention of your first comment.
GL
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