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Micro Penny Stocks, Penny Stocks $0.10 & Under
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Are Penny Stocks Dying Out ?
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[QUOTE]Originally posted by Upside: [QB] There's still plenty of opportunity in the penny game, it's just getting riskier, it's tougher to pick your spots. There's more and more people now that realize these aren't real companies and are just playing the pumps. If you choose to stay in this market you've gotta be able to watch it every minute because any profits you might realize could be gone in the blink of an eye. If you're going to play this market, realize that you are more than likely investing in a scam and play it as such. If a decent profit presents itself, take it and run but don't hang on thinking it's the real deal because none of them are. The last penny I invested in was a few months back, one that my buddy Will recommended because he has a knack for identifying potential runners. It ran for a day or two and I bailed, and then it died out and now there's a bunch of bagholders. That's the difference, he (and I) now recognize that most runs are very short lived anymore. Again, if you're going to play these, play them smart. the days of the 500 baggers in the course of a week or so are over, at least for now. [/QB][/QUOTE]
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