Originally Posted by
NightIP
Gotta risk something to get something. And c'mon, at $0.08/share, how much of a risk is it really? A loss of $80 for 1000 shares is a perfectly acceptable risk for the possibility of making a few hundred or more.
The only problem is the $10 trade to buy the stocks and the $10 to sell later on is $20, or 25% of your initial investment. So if you are going to buy some mesa stock, buy a bunch
I bought $1000 of Sirius XM Radio back in January at $0.11, so about 9000 shares.It closed at $0.165 today, so about $500 profit in a few weeks.
Point is, buy a bunch if you are going to buy it.