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pennies2007

12/15/09 3:19 PM

#49437 RE: javalin #49434

Yeah, averaging down in the penny stocks was a losing proposition because of dilution. Many times there was no bottom until it hit .0001

And since you couldn't short the suckers, there was no way to hedge your position.
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strongtower

12/15/09 6:04 PM

#49465 RE: javalin #49434

lololol problem with averaging down in pennies is those were scams and as you averaged down they just kept throwing shares down called dilution the never ending story.