John, this is not a personal attack, just a warning to others.
I think that kind of investing is very dangerous and sorta stupid. There is good money to be made in penny stocks, but it requires true diligence and patients. I think day trading is a waste of time and commisions, and selling of another stock to jump on a hot rumor is just bad policy. Of course, some lucky person made all the right moves once, and now thinks its the way to go, but your message I think is more common 99.999% of the time. So I urge new investors to take note of it...
One last note, This on and off the wagon ADGI holders really annoy me. What has happened that would make you think today this stock is no longer worth .07? Nothing at all. Momentum, people see a sell and get scared. Another example of unsophisticated investing. I have about 1500 shares, low loss potential with high gains possible. I'm willing to wait a year to see how I do. I realize some folks who can afford 10,000 or 100,000 actually get nice gains or bad losses on a .01 move, but I think patience always pays off on this. I bought MRTI back in november for .10. It has a very interesting and promising story, but there was no movement for months. Many people were complaining and sell off because the didn't make anything in a couple months. DUMB! Stocks are a year to year investment. In the past month however it has moved to .20. Years from now, this stock can be a fortune 500 (read about the co for details www.metalrecovery.com) and I'll brag I bout at .10... If the companies are real and have good things to sell, the market will always reward. |
