I concur. I started with penny crocks - yes crocks back in 2006. Invested $3,000 initially into a few, and was up right away with Greenstar Products a "biofuel" deal that went from $.05 to $.15. Turned into $5,000 within 2 weeks. Should have sold GSPI but did not. Then I got into more penny crocks and put in another $2,000 into my account. Sulja Bros. and many more. Then I also tried to buy American Business machines or something at $.006 with $150, went to place the trade and Scottrade would not allow it online. I gave up BUT should have called in the order. Turns out that stock went to $.45 per share. I missed $12,000. Then it was one loss after another. Including BIG HUB (BHUB). I lost $100 on that after the "Judge" threw all shareholders under the bus. He was PAID OFF. My 20,000 or 200,000 or 2,000,000 shares GONE ! Forgot which it was. I just know it was a $100 THEFT.
So long story short, that $5,000 initial investment in pennies went down to $600. So I changed my ways and only invested in normal reporting stocks. I worked that $600 back up and into $15,000 but it took 10 years. No more penny crocks for me.
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