Quote:
Originally Posted by Phoenix
i love the idea of buying penny stocks and sitting on them for years.
a certain amount of money, not alot...couple k here and there.
in well thought out guesses
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the thing with penny stocks is, you have to buy good companies with 40-50 percent growth on yoy basis. there will be some mises in few cases, therefore lost of 50-90 percent on investment, but other two and more baggers will make for it.
i know several guys who became multi-millionares that way.