News Focus
News Focus
icon url

investmentventures

12/06/09 12:33 PM

#3289 RE: forthe #3288

That is what people say about every single penny stock that is pumped and dumped.... Things like:

'this isn't your typical pinkie, this one is for real and it's going to go to the moon'

Get real people. There are paid newsletters pumping this thing and FYI: no news appears to be concrete in the penny world. Pennies switch the story around daily. Remember SPNG? First it was a share cancellation, then no share cancellation, then a reverse split, then no reverse split, then dilution.

I think that you guys will actually make money if you stop being foolish and read between the lines. Also recognize that the pump and dump has already worked. The stock went from .02 to .87 in less than 3 weeks before plummeting back down again. Apart from a few bagholders pumping the hell out of this trying to get everyone to buy, I doubt you'll see a 400% gain back to .80 anytime soon
icon url

investmentventures

12/06/09 12:35 PM

#3290 RE: forthe #3288

Forthe, a long play did not work out here now did it? In fact it never works in the penny world, but keep holding that bag!

The two types of people who make money in penny stocks are:

Day Traders and Shorters