U like? I am looking to nestle into a few sub penns. MY last 3 sales have like doubled since a sold them for at least a double! I hate that.
I have a 541K position at an average around .0034 per share. I'm anticipating that at some point this stock is going to experience a nice pop/spike, at which point I will try to at least take out my original investment (I'm targeting a break over 2 cents for that).
If I did not already have a position, I probably would not be interested in paying anything over a penny. There are a lot of reasons not to like the stock. But in the type of market frenzy we have been seeing for awhile now, even the most unattractive stocks out there can suddenly attract huge buying interest.
It would not be surprising to me at all if someday I wake up and this stock is heading for 5-10 cents. Today's unloved "junk" stock might be tomorrow's hottest investment.
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