Quote Originally Posted by Mateo View Post
Especially about the hearsay part.



I've ridden one over the last year from $0.09 all the way up to $0.30. Made whole on my original investment and now letting profits ride. It goes all over the place but in the long run, I should be even better. Feel free to look up DEJ.

At the same time, I've played the Biotechs going into FDA approvals and other Binary events. I've woken up in the morning being down 80%. That was CLSN. Bastards!
The problem I see with most penny stocks is "Pump and Dump"........the big swings all seem to happen just before you get in and just before you get out (on the way down)................I got on someone's email list once and I see this shit all the time with the big hype emails, the price having gone up 200% in the last few days with a fantastic story and a target that is somewhere near $2....then you follow it for a couple more days, see HUGE volume and then it comes crashing down faster than a Lead Zeppelin and is worth nothing before you can hit the sell button........like you said pretty much all happens in the blink of an eye