As the market closed on Friday, I decided to avoid purchasing shares of IRE stock. I liked the idea of a looming bailout, and a potential bounce. However, as the bailout is unfolding shares of IRE are down significantly in pre-market trading. The market does not feel bailouts are going to be enough to bring world economies out of their current funk. While a bailout will prevent a present failure, it does not guarantee there will be a recovery and eventual return to a healthy market. I am glad I held off on a purchase of IRE shares, maybe I will pick some up on the oversold side.
Always consult a registered investment adviser before making any investment decision. Penny stocks are very risky and investing in them can result in entire loss of investment. PennyMarkets contributors are not registered investment advisers.
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Keep in mind, penny stocks are EXTREMELY very risky and MOST people lose their entire investments. Never invest in a penny stock unless you're financially able, and willing to accept the probability of losing the entire investment. https://www.sec.gov/fast-answers/answerspennyhtm.html
Showing posts with label pennystock. Show all posts
Showing posts with label pennystock. Show all posts
Monday, November 22, 2010
Sunday, October 03, 2010
WLOC, Williow Creek Moves to OTCBB
It does happen, but it does not happen often. WLOC is graduating in a sense to the OTCBB from the pinksheets. Listing on the OTCBB will require WLOC to become fully reporting, it does not guarantee the company will be a great success.
"The move back to the OTCBB has been the central focus for our management team. With this hurdle cleared, we will now be able to begin executing our corporate objectives of acquiring and developing mineral properties,"
Pennymarkets and its contributors are not registered financial advisers. Always contact a registered investment adviser prior to making any investment.
Penny stocks are risky and can result in entire loss of investment.
"The move back to the OTCBB has been the central focus for our management team. With this hurdle cleared, we will now be able to begin executing our corporate objectives of acquiring and developing mineral properties,"
Pennymarkets and its contributors are not registered financial advisers. Always contact a registered investment adviser prior to making any investment.
Penny stocks are risky and can result in entire loss of investment.
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