Posted On: 03/23/2015 9:25:41 PM
Post# of 41414
I was browsing some old stocks I used to trade. IHUB was the main website I used to figure out when stocks were being pumped so I could make a quick buck (this was well before I came across Baltia).
EVERY SINGLE ONE of them either hit .0001/share or fell 60-70% from where it was when I found it. Here are some of the tickers:
- EWSI (I used to think this company was going to make me rich, never went anywhere....it's at .0001 now).
- NTEK (they took people's money in mid 2013 for a pre-order of a product that they never shipped; fell from .18 to .02)
- WLAN (never had a chance, I held like a moron and lost over $51K on this one; sitting at .0015) Check it out: http://i.imgur.com/GyhLZB0.png ($104,681 is my principal, the red number is my loss)
- INVA (there was this whole "reverse merge theory" bullshit surrounding this company because the CEO also runs another public company, never amounted to jack shit; .0001/share)
Like most of you, I learned the hard way that it's next to impossible for penny stocks to survive for more than a half-dozen years. The only stock I've seen survive, and interestingly enough is no lower than it was when I found it, is Baltia. This thought dawned on me as I was perusing the IHUB boards....
EVERY SINGLE ONE of them either hit .0001/share or fell 60-70% from where it was when I found it. Here are some of the tickers:
- EWSI (I used to think this company was going to make me rich, never went anywhere....it's at .0001 now).
- NTEK (they took people's money in mid 2013 for a pre-order of a product that they never shipped; fell from .18 to .02)
- WLAN (never had a chance, I held like a moron and lost over $51K on this one; sitting at .0015) Check it out: http://i.imgur.com/GyhLZB0.png ($104,681 is my principal, the red number is my loss)
- INVA (there was this whole "reverse merge theory" bullshit surrounding this company because the CEO also runs another public company, never amounted to jack shit; .0001/share)
Like most of you, I learned the hard way that it's next to impossible for penny stocks to survive for more than a half-dozen years. The only stock I've seen survive, and interestingly enough is no lower than it was when I found it, is Baltia. This thought dawned on me as I was perusing the IHUB boards....
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