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Author Topic: SEVA
KingCon
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i got a question if anyone can answer this. i had bought this stock under swvl at $0.0001 for 5 million shares, then this stock later did a reverse split for $0.10 at 5k shares. the stock has taken a hit and is now at $0.0003. Why did this happen? And can you foresee something like this before it happens to any other penny stocks out there?
Posts: 23 | From: New Jersey | Registered: Dec 2009  |  IP: Logged | Report this post to a Moderator
AZ_NAZ
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Look on pinksheets.com for companies having a history of doing a R/S and avoid them please.

Second, this is the Penny Casino and never hold a stock any longer than you have to. NEVER!

The really really good legit penny stocks are rare and IMO not worth the risk of holding these stocks to find them.

Figure out what you need in profits (30%) or whatever it is and once you set your GTC, be happy and go find another one.

Good Luck To You! [Smile]

AZ

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Arizona Bull Rider
Posts: 202 | From: Arizona | Registered: Nov 2009  |  IP: Logged | Report this post to a Moderator
KingCon
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thanks for your help az-naz, im still looking at BGAT but no movement yet
Posts: 23 | From: New Jersey | Registered: Dec 2009  |  IP: Logged | Report this post to a Moderator
AZ_NAZ
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Watch CHRI today and get in if you like the action.

BGAT is a wait right now.

AZ

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Posts: 202 | From: Arizona | Registered: Nov 2009  |  IP: Logged | Report this post to a Moderator
   

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