What is your best 'penny' stock success story?
I would like to hear your best success stories with buying penny stocks: those where the stock shot up and the value increased exponentially. (think 1000% or more)
For example, you could have bought 2000 shares of a stock that was trading for $0.30 and years later, that same stock had skyrocketed to $7, so your shares were suddenly worth $14,000 (from an original investment of just $600 !)
If you can provide specifics, would be even better: how many shares did you buy, original price, the price you sold at, and how long did it take?
I think we all have those dreams of hitting the jackpot with penny stocks, but just like winning the lottery, it is a lot harder than seems as most penny stocks end up going out of business or delisting.