Not that this is the thread to discuss it but there are a lot of people investing in penny stock with a lot more than $400 and making money at it. Some are serious traders, others are just in it for the fun or the gamble of it...no different from trip to Vegas for some.
Nevertheless, I don't feel it would be my place, or more to the point, anyone else's place to chastise anyone's trading beliefs or philosophies whatever they may be. True, if a trader is consistently beating his head against the wall and consistently losing money, then whatever he is doing probably is a load of carp and perhaps that individual would qualify for the "Moron" sign of your other post. However, the one's that are making money, having fun, or whatever their motivation is, what the heck?
Personally, even if I had an opinion against it, I don't know that it would be worth the energy to post it. Personally I really don't care much what the other guy is doing, buying, selling, etc.
As to MYRG being junk, sure, most of these mini-stocks are but all that's necessary to make money is that the stock price go up and down. MYRG has a history of doing that nicely in past history. Based on that, it's worth a roll of the dice in my book. It's not like I bet my grandmother's funeral money on it and the kids aren't going without.
Then again, if I wanted to throw my money into toad saliva based gooey chewy sex cream and was happy with my decision, I still don't know why anyone else should care. |
