Replies to post #49434 on Simple's Green Room

[pennies2007]

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.

[strongtower]

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.