Thanks for the reply, and I may kick myself for not getting in, but I am notoriously bad at getting OUT of a stock when needed. I would have bought a while back, but at least once a week I receive one of those spam penny stock emails touting SPRL as the "next huge winner." It's been my observance that almost 100% of the companies featured in these emails make a dramatic rise accompanied by very timely press releases which always sound too good to be true, yet they seem to be legitimate and addressing the current needed issues. If I was a trader and good about exiting, I could have made a lot of money buying and selling many of these. But, I fear many are not traders, like me, and they will hold on until the eventual fall back below their purchase levels. Most who have this pattern, actually are "in the money", but they get caught up in the excitement of "being rich", so they continue to buy more and more on the way up. Then, one dramatic drop, and they are then under water. Now, the daily conflict of what to do eats away at them.
Hopefully, SPRL is the exception to the penny stock email tout list. In that case, I am a fool. Good luck.
I remain,
SOROS |
