- Occasionally Penny Stocks
"run" from say $.005 to $.20 cents or more.
In 1999, a tiny stock called PNET ran from $.10 cents to $8 in four weeks. A $1,000 investment could have increased in value to $80,000. A $5,000 investment would have become worth $400,000.
Another example is STRU. In the summer of 1999, that stock was trading for less than a penny. In a matter of days it ran to .60. A $1,000 investment in STRU would have enabled a savvy investor to pick up 100,000 shares. The $1,000 became worth $60,000.
Never
wager more than you can afford to lose on any Penny Stock! |