I would say this: We as investors (since it's our money) have choices in what we want to invest in...
True anything (good) can happen as well as anything bad can happen. There are really good companies out there that have experienced significant drops in their stock price..
Look at GTAT..one day it's a high flying Apple supplier, the next it's filing for bankruptcy and the stock price drops 99%....GTAT was in significantly better shape than WEST...with much better prospects but look what happened.... (No, I did not invest in GTAT)... I'm just saying... as investors we have a choice.
A company like Andalay in the documented shape that it's in is a very HIGH RISK choice... basically you're playing craps with your money... That's ok...it's your money you can do whatever you want with it... You LIKE to ROLL THE DICE!
There are PLENTY of other places to put your money..
There are plenty of "boring" solid investments you can make AT&T, DIS, BRK.B, AAPL etc... all of these are considered good to excellent investments, long term. but face it... you don't buy penny stocks for security...you buy them for the high risk/high reward.....
You bought it...because you want to play craps.... plain and simple... I don't deny that.
IF you want a massive reward...the risk is a complete toilet flush of your money..... Which, nearly all penny stocks are...(a complete toilet flush).... as long as you are honest with yourself and know this and admit it... feel free to play!
My advice is,, if you are young with time on your side... it's ok to "gamble" with a very small percentage of your money...fine... But as they say in Life, don't throw ALL of your money on the card table... keep it less than 5% to 10% max...
After you suffer a couple of losses...you'll wise up real quick...
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