InvestorsHub Logo

RookieInvestor1

04/05/12 10:26 AM

#5515 RE: Thinman13 #5514

Thinman13 - - FINALLY someone with two bits of sense makes an intelligent comment. We play pennies for their incredible volatility. NOT NOT NOT for their "sound" fundamentals. If you want sound fundamentals and on time quarterly reports, invest in APPLE or Chevron. In pennyland, it's all about playing the movement.

Get in low, sell when it bumps up. Repeat as needed.

In case people haven't realized, UNGS has bounced from .0003 to .0005 numerous times in the past two weeks. It has more regularly bounced between .0004 and .0005. Do the math on that...0004 to 0005 is a 25% gain.

Can someone convince me that that type of gain is not worth my time?