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YEAH , IBM WAS 330 IN SUMMER 1976 ,AND PEOPLE BACK THEN STILL KNEW BETTER AND PUT THEIR MONEY IN IBM, NOT PENNIES. IBM ,GE,DONT JUST REPRESENT HIGH PRICES , ITS LIQIUDITY THAT YOU DONT HAVE TO SELL PEOPLE ON. ITS THE SPREADS THAT YOU DONT HAVE TO WORRY ARE 10,15,20 % ! YES EVERY NOW AND THEN THERE IS A WINNER , BUT TOO FAR AND BETWEEN FOR MOST SMART INVESTORS. IF THAT WERENT TRUE ,EVERY BODY ON CNBC,BLOOMBERG WOULD BE PROMOTING PENNIES. CN WAS 3/16 IN 94 , PERF WAS 7/16 IN 94,IDID REMEBER????3 BIOX 5.00 THEN 35.00 IN 2 YEARS, ACRG WAS 40 CENTS IN 95 TOO,YEAH I CAN PULL EM UP TOO, THATS JUST HOW GREEDY BROKERS TELL YOU ABOUT STOCKS.YOU NEVER HEAR THE DOWN SIDE ,THATS ALL IM SAYING. P.S. NEXT TO BIG STOCKS ,THERE IS NO LOGIC IN PENNY STOCKS. STKMN |
