We appreciate the warnings you and others are trying to tell us. Don't think for a single second people are not listening to you all. I think what it is, is that people who trade penny stocks are more low budget and desperate in our quest of becoming wealthy. Alot of times we need to take chances. I've found in many cases several penny stocks i've invested in took a investors bounce and all of a sudden my portfolio was filled with alot of money. this came with no "news" no indication at all. All I saw we're folks like yourself trying to warn people that that stock was no good.
All these stocks are "no good" no matter what tier they're in. From penny stocks to high dollar index stocks to bonds and all the stock exchanges is all security for the individual companies who go public. The investors are the ones who takes the scraps. Some get lucky while some just have to wait for other signals.
That's the way it works. Relax. I'm sure you'll eventually find a good one if you stay in this business long eneough.
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