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CasualGains

03/02/12 8:34 AM

#7783 RE: Canada2010 #7777

You can be assured that it will be toxic! All pennystocks are having an impossible time raising money this year. The penny pickers are making fewer and fewer calls because companies have shares ready to dump at the first sign of a pop and that ruins their reputation. GOHG is terrible stock and will give anyone buying a 25%-50% loss at any moment.
Let's say the bid is .0003 and the ask is .0004
Someone buys at .0004 and the bid ask drops later to .0002-.0003 best you can hope for is selling at .0003 worst case you sell at .0002 and take a 50% loss.

So take whatever have spent you feel spending and burn 1/4 to 1/2 of it and be done with it. IMO