I don't do day trading, that is a waste of my time. I personally (I would never recommend to others to do as I do) will never sell a penny stock or blue chip stock for a quick return. I only invest in companies that I think have potential to be good companies. To comment on your other penny stock comment:
MYL was at .74 and went up to $17.72
Fortescue Metals Group was at .03 and went up to $7.50
CNQR was at .30 and went up to $47
RBOT was at .65 and went up to over $300
AMRP was at .31 and went up to over $50
XEROX was even a penny stock at one point
No matter what or how, its possible for penny stocks to go up in price to a considerable amount. As far as how much you "sneeze" off your keyboard, well that's good for you and I hope you continue to have success with your "sneezing". I'm fine making meager 6 figure income and dropping $600 on a stock at .0001 a share and just letting it sit there for no reason at all for however long. I'm not trying to make a quick return, I plan on a long term investment and maybe some day they will have a RS or offer preferred stock to non-board members. For those that have lost a lot of money on this stock, well that's their own fault. Investing is a risk and if you lose then that's on that person. Thanks your reply though, I enjoyed reading it.
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