TSXV:ATR.P - Post by User
Comment by
thebadger1on Jan 25, 2005 4:37pm
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Post# 8486459
RE: On the verge?
RE: On the verge?I agree with NineLives that there is definitely a difference between investing and gambling......some people just are inable to discern the two. But in Cal123's defence I must say that penny stocks have strong elements of both. If a person were a true fundamental investor, they would avoid penny stocks altogether due to the inherent lack of information. There is always a gambling component based on that excited feeling of getting a 100% gain on a 10 cent move.
I know that NineLives wants to preach the importance of sound, researched investing, which I certainly agree with, but there is also the side to investing where you get a raging chubby from seeing a substantial gain due to nothing more than a blip of good news.