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+--- Thread: Penny Stocks (/showthread.php?tid=6378)
Penny Stocks - grizzle - 03-18-2009
Yup, penny stocks - the dreamer's dream stocks for getting rich.
I would assume in the current market there are plenty of $0.01 stocks to choose from. Any educated guesses as to which could actually pan out to be profitable?
Re: Penny Stocks - Zephyrs - 03-18-2009
grizzle Wrote:Yup, penny stocks - the dreamer's dream stocks for getting rich.I have one in my stock market PVP,
I would assume in the current market there are plenty of $0.01 stocks to choose from. Any educated guesses as to which could actually pan out to be profitable?
MCET is a stem cell research company and also has a few patents on some drugs out there.
- Singularity - 03-18-2009
I currently only have one in my portfolio - Sirius satellite radio (SIRI). Bought it for $.12 a share a month or two ago. Now it's at around $.40 a share. I only bought 1000 shares though.
If it can make it through the debt due this year I think it'll be good to have, but the main reason I bought it was because I love satellite radio. If the stock goes to a billion dollars a share that's an obvious bonus, of course, but in the meantime it's a penny stock for a reason. It's a gamble. All penny stocks are.
However, if it reaches $500 a share, then i'll take everyone on this board out to a fancy restaurant! :wink:
- Vllad - 03-18-2009
Waffle House?
- Singularity - 03-18-2009
Vllad Wrote:Waffle House?
Oh, I LOVE Waffle House! I even went to one sober!
So it's a deal. If Sirius goes to $500/share, i'll take you and Vanna to Waffle House.
- bonestomper - 03-18-2009
shit is shit. i don't care if it is by the wheel barrow full, or the whole damn truck load.
the only thing you should be concerned about is you invest x amount of money and get back y. the number of shares you have does not mean a damn thing.
i am halfway thinking of selling 3/4 of my pvp portfolio just to buy one share of Bershire A.