I agree Tony, not everyone should be in penny stocks. I don't think you should be in penny stocks, for instance. I agree 100%.
Penny stocks are very volatile, and they are really not for everyone. Even with a very volatile, but good stock, many ordinary investors can lose their shirts.
I'll give you an example.
Stock is at .07. Nubie buys. Stock shoots to .25. Nubie sells. Stock shoots to .50. Nubie freaks, he's missing out. Nubie buys. Stock shoots to .05. Nubie freaks out and sells. Stock shoots to $2.00. Nubie shoots himself.
Not for everyone! And then stock could go down and up again, and Nubie could keep loosing because Nubie doesn't actually know WHY he invested. It was just greed. He thought he could beat the market.
This is for experienced investors who do their own due diligence, don't read message boards for advice and who know when to sell, when to buy, and when not to buy.
Good luck to all. That is for all Pennies... and all securities really.
You should get a licensed financial advisor as well. You should not be here.