Trading penny's is no different then gambling, there is always an inherent risk involved. The stock is down on unfortunate news, by buying at this level then you are gambling that good news will send it back up. Having said that, I can't recommend anything other than to realize their is always a risk to lose everything so never invest in a penny more than you can afford to lose.
Penny's are high risk and high reward. As little as $210 can make you $7,000 - $10,000 over night if the company announces a buyer and because of the buyer Marley has agreed to long tern licence agreement thus the stock immediately shoots back up to 7 or 10 cents. How much you are willing to risk is up to you, could be $210 or $2,100???
JMO,
Brad
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