InvestorsHub Logo
icon url

wolverine02

05/15/10 6:44 PM

#11994 RE: bamalum #11992

The only advice I can give is the following.

1. Never invest more than you are willing to lose.
2. Dont put all your eggs in one basket.(No matter what)
3. Be careful when taking advice from people you do not know.(Me or anyone here or on any website pertaining to stocks)
4. Always remember to take profits on the way up.(Yes eventually you will invest in the Golden Nugget and only have a few shares left by the time you get to the moon but more often than not in Pinky land they crash harder and faster than they rise.
5. Dont fall in love with any stock whether it be a Pink sheet or a stock like Ford or BAC. Things can turn in a hurry here in the Market.
6. Have as much fun as you can while investing. DD can be a bore at times but when it pays off, well theres nothing better.(Whether escaping a big loss or buying at the right time)
7. You have just taken advice from someone whom has been trading for just over one year so please ask others as well.

Now as for GRBG - I'm not sure when you bought in and at what price but I am here because I'm expecting a pop or run in the near future.

Lastly if I could ask you one thing it would be to make GRBG your only Pinksheet play or investment for awhile. I found the Big Boards less risky to invest in to learn the ropes with. Maybe spend a couple months trading those before you come back here.

Good luck to you
icon url

Cassandra

05/17/10 12:07 AM

#12009 RE: bamalum #11992

Since you are new to stock trading in general and are looking at a Pink Sheet stock as your first target, you may end up learning your lesson the hard way -- the same way most penny stock traders do -- by losing money, often most or even all of your investment.

Because they don't report to the SEC or provide the same level of information, Pink Sheet stocks are easily and often manipulated. Novice traders such as yourself are the primary target.

How much do you really know about GRBG stock? Are you aware of the implications of its rapidly changing share structure? Do you know who acquired new stock and is selling it?

Be careful. Penny stocks usually are very hazardous to the unitiated.