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texasspeculator

05/30/09 9:18 AM

#27122 RE: lowman #27121

Thy words are marked. Seriously, anyone who has the intestinal fortitude or stupidity (whichever one prefers to use) to speculate in penny stocks (or pinks) must have a bit of a penchant for being ridiculed and/or mistrusted at some point by his friends, relatives, and peers. It is in times like we have seen recently and are continuing to observe that we are reminded that even the "safe" stocks are a gamble. As an example, we don't have to go any further than General Motors, today.

And some of those investors are still holding on and even buying as it goes down in ashes, also. Personally, I'll take my chances on this stock before I would continue holding onto GM in hopes that I'll get my money back from a stock that will have a legal right not to give me my money after it comes out of its of depths. I won't say that GM is toast, but I think that GM stocks as they are today are toast. I think we still have some value that will allow us to rise, again, . . . .and apparently the insiders do, also, if indications on lack of selling by them is a sign.