TNRG Tianrong Building Materials Message Board

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Microcap & Penny Stocks : TNRG Tianrong Building Materials

TNRG 0.000200

0.0%

Nov 28 9:30 AM EST

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To: Paul M. who wrote (6489)	2/24/1999 12:54:00 PM
From: Kunundrum	Read Replies (2) of 9824

That is the name of the game in penny stocks. It looks like you dont have much experience in pennies. You gotta buy and take your profits fast.... that how it is in this game. I've bought into tnrg about 3 times in the last 2 months. Once i lost money and twice I made money. Gmch today opened at .70. I just went to take a crap and when I came back it had gone to .31 and back up to .55. I was pissed because I was watching it and wanted to get in at .35... I should have put a limit order in but i didnt. I bought Tnrg yesterday at .23 and sold it at .33 today. The news yesterday was not overwhelminly great. I was expecting a pop, actually a bigger one than there was, but once I saw momentum die down I sold. I am not saying this to brag believe me. Since I started investing in pennies several months ago, I am barley breaking even..... but I learned that I have to play everyone elses game. Buy and dump, Buy and Dump. On the other hand, there are people that got in at 5 cents per share. I just dont have the stomach to see a stock go to .50 cents then back down to .15 cents and hold. Because of painful experiences, I am starting to understand how the penny stocks work. Bigger risks and bigger rewards... They say only 5% of people make money in pennies. I wouldn't worry though, I think this company is awsome. Probably one of the best long term penny stocks out there. I have little doubt that you will recoup your money. When the spin offs and stuff start kicking in, I think we are all gonna make a bundle. Hope this helps Kunundrum

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