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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (14630)7/24/2003 12:48:11 AM
From: Rocket Red  Read Replies (1) | Respond to of 39344
 
Who says that 15cent stock will go up???Promotion in penny stocks lie within the companies promotors.Some Are Fantastic and some are Crap



To: LLCF who wrote (14630)7/24/2003 12:59:43 AM
From: Rocket Red  Read Replies (1) | Respond to of 39344
 
Playing Penny stocks is high risk & High reward yes I know that very well.

Example
I bought 10 million shares of QBID at 0001 & 0002 cents
Total gamble = 1000US dollars
If I'm right and Qbid announces a deal with Time Warner sometime the stock will rock to a 1/2 penny min with a profit of 44,000 us dollars.If I'm wrong I don't stand to lose much either.Its a Gamble like everything else these days.

Example 2 USXP Year low 006 cents well the other day the stock hit 11.8 cents now that a payout.1million shares cost 6000US payout at even 10 cents = 100,000us

So it really depends on how you gamble I guess