What is your best 'penny' stock success story?
I have never been a fan of penny stock and have only owned them once. But I am sure a lot of you here have bought penny stocks in the past.
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.
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.
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