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I've been playing with penny stocks lately. Those $50 stocks just dont do it for me, not exciting enough. I like to gamble. Its just hard finding a reputable penny stock.
My first week, i watched a stock go from .03 to .38, but i only had about $5000 in. I sold early on a dip at .17 so I only made 20 or so grand. I also made bank on another great penny pick. I was excited thinking this was way too easy.
My next three picks, i threw 20 grand into each without much research. They were all losers. So im down pretty big. When penny stocks, drop they drop fast! Make sure to do alot of research and don't believe everything you read on message boards.
My penny stock pick for the month is:
MSSI - (current price .04) they just aquired a mulimillion dollar healthcare staffing agency and received new financing. This stock is currently undervalued. I hope to see this double within a month or two. And if the future revenue reports are as big as people expect this will hit atleast 25 cents within a year or so. Anyways dont go buying my pick, you'll most likely lose alot of money, but i just want to be able to repost this thread in a few months stating im rich bitch!!!
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