Thanks Mik,
In regard to the Federal Reserve, you mean the one that is printing money like crazy, in a futile attempt to support a socialistic government who believes it can endlessly spend money it doesn't really have in a mistaken belief it can provide for all the needs of every citizen. The one that is devaluing the dollar by 2% per year, while keeping interest rates at near 0% thereby effectively destroying any forms of savings or retirement plans. The one that claims there is little to no inflation, while the politicians who back this institution are trying to get big increases in the minimum wage to help out the people who are most affected by this non existent inflation.
No, sorry, not really familiar with it. :-)
As far as applying that logic to this and other penny stocks, I would think you would have to dismiss them all as too risky. Have you given up playing completely?
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