RhinoOptions (< 20)

VNBC had a 55% Move Friday!!!

August 30, 2009 – Comments (2) | RELATED TICKERS: VNBC

Hooray for Penny Stocks... I mean actual stocks you can buy for pennies... Now I'm not a buy and hold guy, but an investment of only $7k can snag me 100,000 shares of a company that has been as high as $2.20 a share... I know, I know... They could be just moments away from Ch. 11... The FOOLs who have chimed in on this $.07/share stock have almost all claimed that she is going to outperform the S&P 500... If that is the case, should we not at least spend $700 and snag 10,000 shares??? Who cannot afford to lose $700??? If you are a real investor you understand the whole no risks, no rewards mumbo jumbo... And let us not forget that a $10k investment in Dell in 1990 would be worth over 19 million today... Yes buying a stock this low is usually silly.... However, what if you were right and it did go back up to $2??? Would that kind of move be silly??? No I don't think so... And let's remember a $10k investment in Sirius (SIRI) back in March when it was trading at just $.05 would have netted you a cool $150k when it hit $.75 just recently... A 15 times move in 5 months... WOW!!! Now that's investing for you... Come on VNBC, show us the money.... LOL  Rumble on RHINO style