EpicStocks: Yep this is why traders play penny s
Post# of 253
Posted On: 09/21/2013 9:03:01 PM
EpicStocks: Yep this is why traders play penny stocks . Example risk reward on CBYI
Let's say you put 3k in at .0016 and deal doesn't happen you could exit already around .0008 for a -1500 loss
Now say deal happens as expected and CBYI soars to .01
That same 2k turns into 12,500
Nice risk reward with the speculation and fwd looking events
Go CBYI / Cambertire
Let's say you put 3k in at .0016 and deal doesn't happen you could exit already around .0008 for a -1500 loss
Now say deal happens as expected and CBYI soars to .01
That same 2k turns into 12,500
Nice risk reward with the speculation and fwd looking events
Go CBYI / Cambertire
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