Bine646,
I understand where you are coming from and trust me when I tell you that I have been burned many times before with penny stocks and with major corporations because I was betting on what PR were saying. But if you are going to bet your undies on what companies say they are going to do, then you are going to go broke. All the news you hear from penny or listed companies are just speculations of what they might want to see from the company itself. For example, I am sure Apple was not planning on their stock dropping from 705.07 on September 21st 2012 to 385.10 on April 19th 2013. As a matter of fact people were saying Apple would might go over 1k a share, but that’s not what happened. If you were betting on them you would have lost some good money as well.
My point is that the only way to trade and invest and not get burned is to take your heart out of the game and just use stats , chart patterns and Elliot waves. In the end we will never know what is true or not, Enron was a great lesson that many of us overlook. If you want to make money in the stock market follow the charts trends and take your feelings out of trading. I can recommend some good books to read if you are interested.
Thank you Bine646 and I wish you the best in your trading ventures
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