Sunday, January 31, 2010

TFBN - Just... Don't Do It. ------ Added To The Guru's Worst List

Trading stocks at their bottom can provide lucrative ways to make a profit.  Take SKGO, for example.  The stock was at $.0001 and now rests comfortably at $.0063.  That is the definition of lucrative.  Now take TFBN.  This is a stock that has taken investors money and nothing else.

Friday the stock closed at $.0004.  If you had bought this stock 6 months ago you would need this stock to get back to $80 a share just to break even.  That is what heavy dilution and a 2,000 for 1 reverse split will do to your hard earned money.

I have no problem playing some of these stocks for a bounce.  But in this case there will be no bounce and with so many other stocks running 1,000%'s of percent, why waste your time with TFBN.


3 comments:

Anonymous said...

TFBN up 50% damn I should of bought for quick profits........

Bob Wilcox said...

Good luck.

Anonymous said...

too late now lol .0007's are up, im loading PMDP at .0005 and .0006