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Biotech / Medical : TGEN - Targeted Genetics Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (491)11/16/2006 9:10:34 PM
From: TopannuityRead Replies (3) | Respond to of 557
 
Mike-
Wish I could take credit - but I simply bought on mention by jmhollen. By the way -- I am long about 60 individual "penny" stocks. Since August 2005 my portfolio is barely breakeven. So don't do what I do, because I would have been much better off investing in SPY or QQQQ. Buy and holding the pennies is not the way to make money. And this is inspite of a 10-bagger on NNVC (I'm still long from 9 cents) and perhaps 3 or 4 other big winners--

NET NET nearly ***ALL**** my other stocks are down 20% to 95%, including other recs from jmh like ACHI, PLNI, on and on and on. So bottom line, of 60 pennys 55 are down and only 5 up. That's 10:1 odds that any purchase will end up a loss. UGGHH.

So what do you think..should I cash in my TGEN chips or hold another 5 years? lol