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re: Penny Stocks
Posted on 2/11/14 at 6:07 pm to Iowa Golfer
Posted on 2/11/14 at 6:07 pm to Iowa Golfer
I asked this same question on here 2-3 months ago. I got everything from "don't", "take money and flush down toilet", "take planned investment, put all on black/red/whatever number", and so on. With the market being so volatile, you can hit it big. Some biomedical and pharmaceutical have been really rising fast with good clinical results. If you are willing to take the risk, like I was, you can make some money. I got into Curis Inc, which is a biomedical company that is attempting to produce a breast cancer reduction drug. It has had some decent early trials so it has been ok for me. I bought in at $2.63 a share and its been around $3 the past few days. If you want penny stocks though I will say good luck! I'm batting .500 on my ventures in them, one totally tanked and one the jury is still out on. Also, look into the medical marijuana companies. I know a thread was started on that the other day with people saying it has a lot of room for growth.
This post was edited on 2/11/14 at 6:08 pm
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