First timer..good strategy or naive?

[Brian.Pearson]

Originally Posted by la60336

That makes sense. Well, I just added a small bit to it as an after market trade. I got .0007 this morning (just before the jump) and hoping to get .0009 by Monday morning. A bit nervous, because this is my first after hours purchase, and don't know how it works. But we'll see.

It closed at .0009, at EOD. BTW, if you are using a program, it may already be switching to VMGI.

[GM1258]

The only stocks I currently own are shell stocks.
These are with companies that are prime candidates
for a reverse merger (RM).
Typically, these are penny stocks that you sit on.
Back in 2006 I was sitting on 250k shares of LFZA
that I bought at .0008
It closed on a Friday at .0015 after a RM that
nobody seemed to notice.
The following Monday it opened at .05 per share
without a reverse split.
The next day it went to a dime.
The next day .29 cents .
The next day it went to .56 which is where I
dumped all my shares for $140k.
By Friday it topped out at .83 cents before
a name change and new ticker symbal
halted trading.
A good site for shell stocks is Shell Stock Review.
Well worth a look.