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Strategies & Market Trends : Value Investing

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To: Lazarus who wrote (29475)	12/29/2007 5:49:33 PM
From: Paul Senior	Read Replies (4) of 78748

Hi Lazarus. I've not done well with penny stocks. I guess I hold too long and so lose too much principal. Or maybe too, it's the principle that I've lost in buying these things. The winners might be multibaggers, but there are so many losers and the losses are so great, that the winners don't overcome that. At least for me in my portfolios, what I have bought and am holding. Here are my penny stock (under $1) losers I'm holding, and percentage losses so far. In no particular order: GSHF.ob -92% SANRF.pk -22% PTSG.ob -2% POGI.pk -96% HLSRF.pk -93% PTCH.ob -45% HSOA -51% (Stub position. Most sales at higher than purchase price) GEPT.pk -98% (This wasn't a penny stock when I bought it! Ouch!) SHLL.ob -38% HORT.pk -94% CMNZF.pk -80% (These all in tax sheltered accounts. If I had had any in taxable I would already have sold for the tax write off.) finance.yahoo.com

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