I have no doubt people here posted to hype up the stock so they could sell. I'm not really like that and don't feel I set unreal expectations. I don't like posting BS and dumping on people. I learned that was not the way I wanted to trade back in 2008 or so and I still cringe when I see people who are blatantly trying to hype a stock just to disappear when they sell out. On the flip side, I still find it comical when non interested parties bad mouth stocks. I don't waste my time posting on stocks I have no interest in, what's the point? I'm not sure if they feel better about people losing money, or they are just sour that they aren't able to make money so they take it out on people who can. It doesn't make sense, but it is what it is.
I thought we would have seen $0.50 here, and that's why I missed selling anything. At the end of the day though, I had multiple 10 baggers this year, and when your initial purchase is $5k or $10k a pop, it's pretty easy to be profitable year over year even with stocks like GNCC that flop. In my opinion that's the only way to make real money in penny stocks. Find plays that aren't diluting, load up when there is a story with updates expected and hold for those 10-20bags. You might lose 5k a few times, but you'll catch that $50k trade that makes it all better. Plus if they aren't diluting you can wait it out till the next pop and don't have to lose money. Actually, some of my dead stocks have been my largest gainers. LRDR I was holding for years at .0003 average and that went to $.04. That was last year and I'm pretty sure I made $46k on that and still have 2M shares with a very low average. Prob will sell next pop over $.01.
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