Well I have… I don’t normally play with penny stocks but when a friend clued me into one that was way more than a 10x in the end. I bought in at .34 and cashed out at $8.50. It went to $10.00 and fell hard. But luckily I sold after it rebounded back a bit. It went from a 10,000 share $3,400 investment to over $100,000 in about six months. I cashed out big and then ended up buying again a few months later and expecting another big run. This next year should prove interesting. I wouldn’t share any name with you though. Too bad for you. I have only owned 3 penny stocks. But none have done me wrong and when they double I usually cash out half of the stock then play on free money. I hold but don’t play any more. I don’t really watch them that close. No losses ever though.

How about you… can you say that you never not had any losses? How much did you write off in losses last year?