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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Rice who wrote (9869)12/31/1998 3:17:00 PM
From: Jim Reome  Read Replies (2) | Respond to of 12043
 
Hi Robert:

The good old world of investing in penny stocks. Interesting and risky and not for the weak at heart for sure.

Just wanted to give an example of high risk. My son-in-law plays the pennies and he just made a bundle today alone. I know he owns WOOD as one of his penny toys. That is an example of what can happen in one day to a penny stock. I only mention this here as an example and tell all I have no position in WOOD (was told to but did not when it was 3 cents a few days ago) My whole point being that if you want to play, the risk work both ways. For my son-in-law he placed 6 or 8 bets this year and this one gave him a profit to cover all the losses on the others. His strategy for this year. Move on and look for that one stock that will duplicate what he just did on the one I mentioned. For gods sakes folks please please please, I am not for this stock I mentioned and do not take my post as anything other than an example of what can happen with penny stocks.

Regards and good health to all in 1999.