Im kinda new to penny stocks and to be honest have not been that great at picking them. I have had a couple that did 500 to 1000 percent but have had 2 RS on me and 1 go bankrupt. Needless to say, i have lost money.
So, here is my question. What can shareholders really do with penny stocks? With the big companies, the stock holders can pull their votes and manipulate the course of the business. I know that 2.5 B is a lot of shares, but are there enough in the right hands to make a move. And, would it be worth the end result.
Second, if he is intentionally misleading investors, and I believe he is, why not file complaints with the SEC. So what if they chill it for 10 days. At this point, thats 10 days it wont go down in value.
Last, I have stayed in the stock from .0029 thru .0199 and back to the .0039 we hit today. If this had been one of my other pennies I would have taken my gain and moved on. I believe this stock has real potential. BW is not helping it right now, but we may be our own worst enemy at this point. We are on here everyday bashing it. Would you buy in if you were reading this board.
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