A good reminder and especially for non-US micro pennies. Assess opportunity and acknowledge risk on the buy side. Even a lower probability play can make money. Holding is an easier call.
Good point, makes complete sense. It mirrors Einstein's theory of insanity. However, for me I use penny stocks for fun only investing a little bit of my income. I've bought and sold this one throughout the 2.5 years I've held it. So in the long run I've only lost about 4k on paper. I only have 30k shares left in this one but still have some hope left for some kind of pop, we will see. I think that most investors on here know that all penny stocks are risky and that one should not put all their eggs in one basket.
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