re: Penny Stocks

POIL has a negative book value. Enterprise value is zero. Has reported no revenue ever. Has a total of $2,000 of assets. They appear to have changed names, stock symbols and business plans several times. I'm guessing if you went to the pump and dump website, you would find POIL there somewhere.

Do yourself a favor. Buy CAK, either before the split, or after. The split is for common stock, about 1.4 shares for every share owned, no dilution in ownership, and cash for fractional shares. It is going to be a $20 stock. I'm in it at .55, and I'm buying more.

Take a look at their balance sheet. No debt. None. Assets they can't report yet. A partnership with Allied Energy, not exactly a small company. On and on it goes.

Penny stocks are mostly junk. POIL is junk. CAK isn't, but you need to take some time, review their balance sheets, income statements and see if any analysts are following them.