This is topic SEVA in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by KingCon on :
 
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?
 
Posted by AZ_NAZ on :
 
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
 
Posted by KingCon on :
 
thanks for your help az-naz, im still looking at BGAT but no movement yet
 
Posted by AZ_NAZ on :
 
Watch CHRI today and get in if you like the action.

BGAT is a wait right now.

AZ
 


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