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1c-4c Penny Stock PHENOMENON

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BMY has moved from around 5c to 13.5c in the last week - and to put it in perspective this gives it a MC of just $7m! If they do find something worthwhile it could definitely put this one through the roof
 

I completely agree with you on this one and love your musical chair analogy. What they are doing is essentially betting on what is known as the Martingale strategy in betting circles. They will make a small profit on most occasions and it will be obliterated by that one big loss.
 

Good point DrFuzzy

I noticed your response was made to a posting by DoctorJ made in 2008.
I also noticed there are almost four threads with similar themes around Penny Stock .
Probably there is a merit to amalgamate them into one by our dear Joe the Administrator
Neverthelesss thanks for your comments and I do agree with your observation.
 
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