Tuesday, March 23, 2010

AZTC - $.11 to $.0084

Today's reverse split announcement illustrates the fragility of these stocks.  One minute your up almost 100% the next minute your down big.  If you bought at $.11 today and didn't sell on the crash, then you are down over 90%.  That is why I say, if you can't afford to lose your investment do not trade penny stocks.  Of course those who bought AZTC at $.002 and up and sold made 1,000%+ profit.  So there are two sides to the coin.  Let's hope you were on the profitable side.

3 comments:

Unknown said...

You should add this to your list of "worst penny stocks"

Bob Wilcox said...

I won't brand it as the worst just yet. I am surprised about the reverse split and after the money volume the last few days it defies logic.

Unknown said...

Is that not common in pink sheet world? Defying logic? lol