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Started By
Message
Posted on 3/30/09 at 1:23 pm to kfizzle85
REALLY wanted to buy AIG when it was at .41 a few weeks ago. Now I'm kicking myself.
Posted on 3/30/09 at 9:59 pm to Smoke Green
You know they filed for bk right?
Posted on 3/30/09 at 11:33 pm to threesheets
quote:
threesheets
I knew that was you when you posted SRSR.
Rho Delts baby.
Posted on 3/30/09 at 11:34 pm to kfizzle85
quote:
kfizzle85
How do you know him?
Posted on 3/30/09 at 11:44 pm to TheHiddenFlask
Friend of a friend, merely an acquaintance.
Posted on 5/19/09 at 11:31 am to TheHiddenFlask
quote:
Sarrissa Resources: SRSR
I'm not saying I'm a genius, but I would like to point out that penny stocks can be legitimate investments if you do your research.
Google Finance
Tripled my money in just a few months. Pulled out what I put in and I'm lining my pockets right now.
Bash me all you want, but here's something that I have found to be true.
Nearly every single "penny stock" is undervalued because of a lack of demand. Funds and "professionals" will not touch them. You receive a liquidity/volatility premium that is ridiculously high.
As long as you aren't shitting your pants every time there is a sell off, you will be fine. The volatility is high, but if there were a million Warren Buffets out there, GOOGLE would be volatile too, it wouldn't make it any worse of an investment.
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