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Micro Penny Stocks, Penny Stocks $0.10 & Under
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SMMW: Interesting PR today:
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[QUOTE]Originally posted by The Phat Man: [QB] [QUOTE]Originally posted by dollar13: [qb] what is the target price for this one SHORT TERM? [/qb][/QUOTE]imo, it's basically been sitting at .0001 for EVER now, so there's no way to really know short term or long term targets. as low as the current pps is, about the only way you could lose your money would be if 1. the company goes bankrupt and stops trading or 2. does a huge reverse split (which the CEO said openly and directly in a recent interview would not happen). sure, it's a huge risk. but MY OPINION is throw a little money at it and see if it flies. even if you put $100 in at .0001 or .0002 you could stand to make a 5 to 10 bagger if it goes to (only) .001 if for any crazy reason it pulls a qbid on our azzes and goes to .02, then if you had a hundred bucks in it at .0001 you'd make $20,000 bucks. not a bad risk vs. reward scenario as long as you can fully stand to lose that crisp hundy. if absolutely nothing happens and you lose it all... well, you lose a hundred bucks. as for me, i've spent a hundred bucks on a night out drinking and had nothing left to show for it but a 2 day hangover. :-) glty, [/QB][/QUOTE]
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