Ouch!!
Ever see the penny stock Ten Commandments?
1. Thou shalt not drink the Koolaid.
2. Thou shalt always have an exit strategy.
3. Thou shalt never borrow money to buy penny stocks.
4. Thou shalt always know the OS. If thou cannot find out the OS, thou knowest full well this is a really bad sign.
5. Thou shalt never recommend that family and friends buy penny stocks on your recommendation, lest thou likest receiving death threats on Thanksgiving.
6. Thou shalt not buy triple zero stocks having no bid. The bid is the life raft to get out of the Titanic of a stock thou hast purchased.
7. Thou shalt not pump stinky pinkies. Thou knowest full well they are imploding dog turds.
8. Thou shalt not believe what the CEO sayeth. Penny CEOs are the missing link between man and hyena, and thou lookest like fresh meat.
9. Thou shalt not join a suicidal stock cult. Stock cults will eat thine brain cells and leave one broke and stupid.
10. Thou shalt not load the boat. That boat might be the Edmund Fitzgerald bound for the bottom of Lake Superior.
Flip them, don't hold them.