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.
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3 comments:
You should add this to your list of "worst penny stocks"
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.
Is that not common in pink sheet world? Defying logic? lol
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