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GreenScarab

07/03/18 10:27 AM

#153549 RE: markiff #153509

You might enjoy these quotes as well. From penny stock expert Peter Leeds:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133860856

The greatest gains in penny stocks come over years, not days. -- Peter Leeds

A great penny stock on its way to higher prices can still suffer massive downward moves due to the nature of the volatility inherent in low-priced shares, just as shares heading lower can suddenly leap dramatically higher. The best penny stock investors know when the volatility is just that, and not a reflection of events in the underlying company. --Peter Leeds

The biggest returns... often accumulate over a period of years. The rise in share price is frequently based on the underlying penny stock company slowly and methodically expanding its market share, picking up new contracts, or just generally producing better and better financial results over time. --Peter Leeds

To succeed with penny stocks, you need to choose contemplation over impatience. Give the underlying company time to let its business plan play out. As long as the penny stock is making progress, however slow and the reasons you got involved with it in the first place still hold true, let the shares gradually reflect the improving operational results.--Peter Leeds

Keep in mind that the slower and more gradual the move up, the more sustainable the higher prices will be. Rapid and sudden price spikes typically don't last. --Peter Leeds