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re: Penny Stocks -- How long do you all keep them?

Posted on 12/18/13 at 12:10 pm to
Posted by PelicanPoop
New Orleans
Member since Oct 2013
583 posts
Posted on 12/18/13 at 12:10 pm to
ACTC (penny stock, stem cells) is about to do a reverse split so it can get on the Nasdaq. No the reverse isn't bc the company is failing. It's bc it has 3 billion shares. They are about to enter phase 2 trials for macular degeneration, a multibillion dollar worldwide market.

The OTC market is unregulated and very easy to manipulate. Getting on the Nasdaq will help the company a lot.
This post was edited on 12/18/13 at 12:12 pm
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