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RichieRichW
RichieRichW May 13, 8:19 PM

way up into the .40's then crashed down into the single digits in about 10 minutes. I was new to penny stocks and had never seen anything like that happen before. But I was sure it was going to come back because it was there once already and why wouldn't go back there again. All the news was really good and there were positive PR's coming out all over the place. I was dollar cost averaging on the way down thinking that with more shares I would make my money back faster, which actually just made

RichieRichW
RichieRichW May 13, 8:20 PM

it all the worse. I held the whole time and the stock never came back. I lost over $25,000 all on HOPE and inexperience! The pump and dump, (the what?), was really on and the promoters did their jobs very well. Like I said, I was knew to the pennies and never heard of a "Pump and Dump". Well, I knew what a pump and dump was after that! Anyway, that's how I lost my virginity.

RichieRichW
RichieRichW May 13, 8:23 PM

By the way, thanks for the memories and the great story.

Jackaroo
1
Jackaroo May 13, 8:24 PM

@RichieRichW what a story... sorry to hear man. It really all comes down to cut losses quickly! Add to winners, NEVER losers, and never hold and hope.

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