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Entangled Proton

02/17/11 5:23 PM

#9184 RE: Dont_jump #9181

Not quite. If you last you'll see many more like that. But to play them right you do need a crystal ball.

I had shares of The Limited when it was a penny stock. I thought "how high could a clothing store go ? ". I gave them to my sister to help pay for her wedding. The pps was at 1.00 and before any forward splits.

Keep in mind GWAY did a Reverse split so the actual price if you held would have been 5.40/ share.

MSFT started as a penny stock and has had many forward splits. I'm sure if you dug you'd find a lot more large companies started as penny stocks than you think.

Once the economy returns to normal you should see at least 1 a year. But it takes 2 crystal balls and a whoooole lot of will power.

OH and don't forget about Mr tax man. He'll make you sell some of those shares. lol