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Another example of the powerful plays we commonly see in the subpenny stock market, which have been on a roll lately.
For example, let's say you bought 1 million shares @.0005 for $500
(1,000,000x.0005=$500)
In two weeks you could have had the chance to sell your 1 million shares @.01 for $10,000!(1,000,000x.01=$10,000) a 1,900% return!!!
Or let's say you weren't so fortunate, and missed the peak in April. Today the stock trades @.0075 and you could make only 15x you initial investment (poor you).
$10,000 for some people may not be a ton of money, but when you're only risking $500 it's a great play. I see subpenny stocks make moves like this all the time, and with more frequency as of late. While it's definitely not a guaranteed win, and there are numerous pitfalls you need to watch out for in the pink sheet/subpenny stock market, doing your homework and investing in a group of stocks like these can be very lucrative if you have the patience. Only invest money you're willing to lose (penny stocks are very risky) and do your own DD.
If you have any questions about subpenny stocks feel free to ask me. I'd be more than happy to help.
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