|
I tried investing in penny stocks 3 times. Lost every time.
VTG drilling (oil drillers) - heavy debt but was on its way to making a profit - then the price of oil dropped.
Private Media - I sold before it was de-listed, but I did lose. I decided to gamble and thought it would be cool to own a porn stock.
ICOP- I was hoping this company would be bought out. It was not, but I sold before it was de-listed.
During the recession in 2008 and 2009 there were some good companies that became penny stocks. I bought WNR for $6, got scared and sold it at a lose for $5. Now it is $50.
My best advise, Is to never, ever take my advise.
|