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<p>[QUOTE="WingedLiberty, post: 1261288, member: 26030"]A good friend of mine has invested $20,000 in penny stocks over the past 10 years. Last I heard the stuff she bought is worth about $200. I am amazed that she still holds this stuff. Fortunately she's wealthy. But her story has been a warning to me, and I have never owned a penny stock in my life. I agree with the above posters that day trading is probably not so bad, but never buy and hold these things, most end up going to 0.[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1261288, member: 26030"]A good friend of mine has invested $20,000 in penny stocks over the past 10 years. Last I heard the stuff she bought is worth about $200. I am amazed that she still holds this stuff. Fortunately she's wealthy. But her story has been a warning to me, and I have never owned a penny stock in my life. I agree with the above posters that day trading is probably not so bad, but never buy and hold these things, most end up going to 0.[/QUOTE]
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