Traders Laboratory - View Single Post - Penny stocks anyone?
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Old 04-04-2007, 06:14 PM
dalby dalby is offline
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Re: Penny stocks anyone?

my best investment ever (on a %age basis) was a (former) penny.

JSDA

got in when it was an OTC. is now in the 20's.

so, i'll always have a soft spot. but the fills etc. are RIDICULOUS. imo, spread it around (don't put too much into any one issue), and accept the volatility and games associated with them.

i totally agree that trading them actively can be very difficult

as somebody who trades CBOT, which has complete transparency and no MM games, pennies are another game entirely

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