Excellent advice to Reverseman, Janet. This thread for about the last month should be required reading for anyone investing in BB or penny stocks. You could see the hope, see the hype, and begin to see the problems in the company last week. Any one with any smarts should have bailed immediately upon the Reed info becoming public - as they say, it didn't pass the smell test. I did get out, with a very nice profit for about 5 weeks of investing, but I never got far away from the computer, so I could keep an eye on it. These stocks are not like GE, where you can be away and not really fear losing it all. The scary thing to me is watching the posts from the true believers, and I have a great deal of trouble with those who really got stuck. Not the paid or insider hypsters, but the people who got dollar signs in their eyes, and thought we were going to 50, or 60, or 100 just like that. It is actually quite sad, and I fear they won't learn their lesson from this fiasco.
KLN |
