This is true. and I play penny stocks for the 10% that do go big. It is fun to cash out @ with 500 to 1000% gains.
I bought into ITKH for the new direction they are headed. The selling of Send Global. I didn't buy in because I liked the Send Global business. You bought ITKH over 2 years ago because you liked the Send Global business. We bought ITKH for different reasons.
My thoughts are the $2mil cash generated from the sale if Send Global will kick start the PPS to the next level. My plan is still a work in progress. 8 months is a long time to be in a penny stock for me. I, like you, believe penny stocks are for trading. I don't believe in investing in penny stocks.
I've been here for 8 months. And for 8 months ITKH has had the Send Global deal in the works- there are no details to the BioFusion deal- the PPS has not done much- and there as been hardly any volume. Given the above, it is easy to be negative.
The hard thing is to stay positive and believe ITKH will turn around- close the Send Global deal- secure the $2mil cash- generate big revenue with the BioFusion marketing deal- create stock awareness - increase share movement- increase the PPS.
The reality is we have a choice to either dwell on the negative or to concentrate on the positives while we hold on to our shares waiting for an opportune time to trade our shares.
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