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Microcap & Penny Stocks : EUTRO INVESTMENT GROUP EUTO (LONGS) -- Ignore unavailable to you. Want to Upgrade?


To: 91fxrs who wrote (277)12/8/1997 10:14:00 PM
From: taz man  Respond to of 1667
 
You would have to be nuts to sell at .02 or lower.
I would love to buy all I could get my hands on at .02 or less.

I posted this story before.

I bought a bunch of a stock called Discovery Zone, it was bankrupt at the time. I bought at 18c . It went all the way down to
0 and I decided to not to take it as a loss instead of selling at .01c.or 2 cents I would just sit with it and wait for a while.

In less than 3 months the company came out of bankruptsy, and the
stock soared in one day to .75c. I was able to get 45c on all my
shares on that day. I have kicked my self in the ass for not buying
more shares at .01 when I had the chance. Remember this was a
BANKRUPT company , not one still in business.

They are just shaking everyone DOWN right now and this is an
opportunity

GIVE THIS TIME

good luck



To: 91fxrs who wrote (277)12/9/1997 10:51:00 PM
From: Jerry G.  Read Replies (3) | Respond to of 1667
 
If you read the 2nd post..people who got in at about .20 have lost money no matter how you look at it. If you got in at 1/16 as many did you have not hit bottom yet, but have lost paper money...I think everyone who buys stock hopes to make money, no matter if it is a penny stock or a blue chip...if you are not in this to make money you are only fooling youself.
I know people don't INVEST TO LOSE MONEY.
My question is why all of the sudden has this stock started to tank, it was at the 8,9,10 range for a long time about 3 months and now has started down from where it came at approx 1/16.
I bought the stock back in September at .095 and have only lost since this slide, as you know the stock hung around this figure for a long time.
Just answer the question about selling or holding. Penny stocks are risky business, if you don't believe that you have not been trading in the market for very long. Sometimes you win big on pennys but most of the time you lose on pennys.