Replies to post #26922 on iTeknik Holding Corporation (ITKH)

[lakers17]

Bottom feeder? LOL No, I generally just buy pennies like ITKH toward the 52 week low and rarely chase and buy after a run or toward the high. Technicals and charts don't work in penny stocks. Events and news dictate most. Charts can look great or bad and a PR changes everything at times.

I also spread out risk and own over 100 penny stocks right now. They are all POSes as is ITKH and I don't fall in love with any of them. 95% or more of them of them never get to NASDAQ or really take off. Most go up and come down hard. The regular markets are still way too high and if the market really drops just about every penny stock is going to come down hard like previous crashes in 1998 and mid 2000's. Been playing penny stocks for over 25 years. Hilarious that you called me a newbie and actually told us earnings=revenues which was wrong and absurd.