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Microcap & Penny Stocks : PLNI - Game Over

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To: tonto who wrote (6352)8/31/2006 3:02:49 PM
From: yardslave  Read Replies (3) of 12518
 
Unlike other investors, penny stock "investors" never want to hear anything negative about the prized littles stocks they own. This to me seems like self destructive behavior of sorts. Whenever I invest, I always look for the negatives first, then the possible upside. Even professional investors like mutual fund managers take this approach. Most people are very careful as to who they give their hard earned money to.

Not the penny stock investor. He sees a stock he likes, buys it, then if anything negative is said, he puts his head in the sand.

Do you think RRM would have ever bought PLNI in the first place, had he known your background and ask your advice first. No way. But he, like all of them do, did his research way to late.
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