I have had 4 substantial positions in penny stocks and they have all come up woefully short. The stories have been great but the execution has been horrible.
Niocorp, Theralase, IBC, Excelsior. None of these ever had a run in them for any length of time where you could at least take the rick out of your investment. Niocorp maybe the best of this group. Lightwave Logic had one tremendous run but now has become an absolute turd. All these stocks have CEO's that make a good annual salary with stock options but have failed miserably at creating shareholder wealth.
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