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Microcap & Penny Stocks : Eutro ( EUTO )
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To: Robert Rice who wrote (9874)12/31/1998 3:54:00 PM
From: Jim Reome  Read Replies (3) of 12043
 
He probably will buy more than one cold one Robert. I used the example of his stock only to put a light on why anyone would want to play penny stocks. High risk, nice rewards when you are right. Seems like anyone investing in penny stocks should take the attitude of making money and moving on to the next shot in the dark. DD all yah can and if it feels right do your thing, if your wrong move on and try again. Great part about my son-in-law. He does not participate on threads and listens only to his good sense. If he is wrong he only has himself to deal with and when he is right he laughs all the way to the bank. Hell he made more money today than he did working all year. This kid is 30 years old and plays pennies with a plan. He plans on losing but accepts the risk and when the profits are their he takes them.

Its stories like this that make people realize why they are willing to gamble. For a profit. When you get into a stock that people get burnt on its a shame that they feel that saving all the other investors is all thats left for revenge against the company. I said it before. Pennies are a dime a dozen, yah win once in a while and yah sure get nailed on a lot of others. You can't win them all but to hang around and nail your fellow stockholders who put their money down to play as your last resort. Sounds pretty childish to me and not worth the effort. I own a pile of Euto. If I don't make any money on it, then I will move on and try it again as long as I am playing with my money and I certainly will not harm fellow investors for my choices to buy or sell .

Regards,
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