I get a kick out of some of these so-called penny
Post# of 7775
Posted On: 05/26/2015 4:04:48 PM
I get a kick out of some of these so-called penny stock investors or traders who think they are investors??? LOL! As the old saying goes, "never invest more than you can lose".
That said; why sell GRCU in the trips versus holding for a new plan. One question I would ask is "why did it take so long to decide to sell?"
Let's say someone is holding as many as 10mm shares and with an intraday high over one year of .049 finally decides to sell at .0008.
Why? For a whopping $8K savings? Is $8K in cash really required to live for someone who had $100K to throw away on a penny stock? Anybody who thinks $8K is a lot of money should not be "INVESTING" into 10mm shares of a penny stock because get ready to lose it all "short term" or win huge "long term"! Long term is defined by many years and not just one year. So the dude buys 10mm shares at lets say a penny or $100k worth of company XYZ during a time in the companies history when products are being test marketed, suppliers are being tested, management is being tested, etc, etc. Then the company back peddles after one short year in business and all of a sudden it's time to take a $90K loss and sell 9mm of the 10mm shares?
THAT IS NOT INVESTING? IMO THAT's IDIOTIC! Some just don't have a clue what "INVESTING" means or what it takes to be an investor! All the time blaming others for their losses! LOL!
That said; why sell GRCU in the trips versus holding for a new plan. One question I would ask is "why did it take so long to decide to sell?"
Let's say someone is holding as many as 10mm shares and with an intraday high over one year of .049 finally decides to sell at .0008.
Why? For a whopping $8K savings? Is $8K in cash really required to live for someone who had $100K to throw away on a penny stock? Anybody who thinks $8K is a lot of money should not be "INVESTING" into 10mm shares of a penny stock because get ready to lose it all "short term" or win huge "long term"! Long term is defined by many years and not just one year. So the dude buys 10mm shares at lets say a penny or $100k worth of company XYZ during a time in the companies history when products are being test marketed, suppliers are being tested, management is being tested, etc, etc. Then the company back peddles after one short year in business and all of a sudden it's time to take a $90K loss and sell 9mm of the 10mm shares?
THAT IS NOT INVESTING? IMO THAT's IDIOTIC! Some just don't have a clue what "INVESTING" means or what it takes to be an investor! All the time blaming others for their losses! LOL!
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