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risk on

09/26/11 7:20 PM

#9869 RE: wingtrade #9867

True, "it's not the "why", but the "what". C. Dow
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janice shell

09/26/11 7:51 PM

#9873 RE: wingtrade #9867

but nonetheless, penny stocks that go from $.01 to $0.50 in a hurry are not unheard of -

They're quite rare. Not nearly as common as penny stocks that go to triple zeros from wherever.

Let's consider the Real World for a moment. In the Real World, a YEARLY gain of 20%, annualized, would be considered incredibly good. People thought Bernie Madoff was a genius because he claimed to average about 17% a year. (Of course he wasn't capable of making that much; he wasn't trading at all.)