Penny Stock Fortunes

penny stock fortunes
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I have 50 shares of a stock that is currently 0.010. What price would it have to rise to make good money?

Its a long shot, but what would it have to raise to to make a decent return?
I actually meant to say I purchased $50 worth of stock at 0.010… my bad

What is your definition of “good money”???

is $100 good money….$1000 good money…$10,000 is probably good money

the odds of you hitting that $10,000 in a year are pretty small but could happen.

but you are dealing with a penny (almost sub penny stock)….not many companies play by the rules down there….most are scams.

Here is a post by a guy who had 500,000 shares of a penny stock at your level…I am sure he thought he would make a fortune…the company has done a 100:1 reverse split…now he has 5,000 shares that he cannot sell yet…I personally think he has been trapped….could happen to you too.

http://ca.answers.yahoo.com/question/index;_ylt=Av695P_fSR7Dk9DAlUzT0fvBFQx.;_ylv=3?qid=20130102090653AAsroPu

the jury is out as to whether or not he has lost his gamble but…I think he has….could happen to you too….though you have less invested.

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