One of the hottest stock traded yesterday was Terratech. Not only was it heavily traded, but it closed at day high with a strong closing at 0.07. However today upon checking the pre opening market, it went into trading halt with price @ 0.05. That's totally unbelievable with just a 1 day difference. It tells me that investing in penny stocks is a risky business and one should be cautious and alert when price runs/collapsed in a fast fashion. I prefer trading because the risk is not as high as compared to investing but well, it's up to individual. If you had lost a lot of $$ buy and hold for years and still not making progress now, just think of what happened and if it's still the correct strategy for you.
STOCK OPERATION WORKSHOP
Ronald K - Market Psychologist - A Stock Market Opportunist