Quote:
Originally Posted by lutach
Have you checked the Pink Sheets or the OTC market? Study some of the more reliable companies and I've seen a few go from $0.001 to almost $1 (Very risky though). It mainly comes down to a number's game, the more shares you have the more profit you'll make if the stock goes up and having a share cost low will make it more feasible to many.
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I've own/owned some of them in real life, but sometimes they are such a pain in the ass. Lots of return possible, sometimes lots of risk, and some times them just sitting there for years doing jack$h!t.
Couple stocks I had it was hard to sell them as even with the small amt I owned, the volume was so low I either had a big impact on the price, or had to wait and slowly dribble them off. I am not yet so clever to be really apt at evaluating them. Sometimes it seems like dumb luck too. IDK.
On the upside, I do own some more OTC stocks as they fell so much in the fall they got delisted!
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