Thanks Bruce and good luck to you. Yep, I dont mess with too many pennies. In fact, I think the only one I have ( well, I do have some shares of icge - a BIG POS!-, but I bought at .20 and sold most alot higher and now am sitting on just a few thou free shares, so I dont pay any attention to it) is one I got from Dave. HQNT. And to be honest, the technicals on HQNT look better then alot of big board, big name stocks....Yes, HQNT is a "penny stock"...but they are profitable, with little to no debt, quickly growing revenues and profits...heck, they even pay a dividend...and insiders have bought like crazy the whole last year....I've traded it several times and now have a nice sized chunk, with very little cost basis.....but, I try to stay away from pennies. If I want to gamble, I'll go to vegas. If I want to invest, I will look for solid companies, not speculative gambles.
Good luck, and feel free to come share some of that info from IBD...whats hot...whats not...all info appreciated..... |