<<ok ken, answer me this, if you are so bearish, why do you always seem to celebrate this ultra-bearishness by buying suncom and a handful of other penny stocks including abmd pssst. pass it on, only to see them go in the dumpster after you buy them? Ken, when you are bearish, don't buy PENNY Stocks to celebrate that FACT!!!! Everyone (not just me) will think you're a nut case!!!>>
... good point, Mike ... but everyone already knows I am a "nut-case" ... I can not hide the truth!!! ... to be clear, I do not buy penny-stocks (by definition, under a dollar and therefore they sell for pennies) ... VLNC became a penny stock while I have owned it ... and ABMD and TNTX are not penny stocks, not yet anyhow <G> ...
... a better question would be why I do not sell my losers ... ABMD, TNTX and VLNC are all losers for me ... my answer, as dangerous as it may seem, is that I believe in them and have deep belief and faith in them ... maybe, I will have to learn a painful lesson with them before I change my mind ... on the other hand my "puts" on the S&P in the last two years have more than made up for my losses in my so-called "penny stocks" ...
... and you must be psychic Mike, because I bought another 5,000 shares of "thump-thump" late this afternoon at $3.42 ...
Ken |
