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Old 09-18-2006, 06:22 PM
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Re: Penny Stocks

There is a reason why stocks are that cheap. I did however invest in Aspen Exploration Corp., a natural gas exploration company in California.

I bought the stock at $2.25, held onto it for a few months just to see it go absolutely nowhere. I eventually sold it at break even just to see it go fivefold to around $10 4 weeks later. I learned a big lesson with that stock. The stock is currently trading at $3.85.

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