I don't like to look at Penny Stocks. You could put a revenue limit on a company whose shares are trading under $ 1. Keeping in mind that a decent sized " grocery store" will do $ 30 to 50 million in sales per year.
The market exists only for one reason, so that you can sell the stuff that you bought. Liquidity. The market does not exist so that you can buy some paper and then sit on it forever. Look at the returns you have gotten for buying and not selling over the last several years, not very good, I trust. You must sell, and watch your loss points.
I've "traded" several solar stocks over the last 2 years or so and have done quite well, thank you. This was an ok article, a lot of market participants believe in all kinds of inter-relationships with stocks and their respective industries, nothing wrong with that. But, I have found Seeking Alpha to be quite a good resource for ideas, and would like to see the "complaining pundits" go back to the Yahoo blogs, or learn how to respond with some useful input.
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Latest | Highest ratedReconsidering Penny Stocks [View article]
Service-Based Economy Is Progress? Show Me the Money [View article]
thanks
A Broker's Advice to His Clients [View article]
Unpredictable Markets? Heed Your Own Voice [View article]
" when they raid the whorehouse, they even take the piano player".
Buy the piano player
Solar Breaks Oil Price Dependence [View article]
This was an ok article, a lot of market participants believe in all kinds of inter-relationships with stocks and their respective industries, nothing wrong with that.
But, I have found Seeking Alpha to be quite a good resource for ideas, and would like to see the "complaining pundits" go back to the Yahoo blogs, or learn how to respond with some useful input.
currently very long: lkd, sol, leh