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Penny Stock Mentality - Page 2


© Allan Gust
Page 2

Feb 27, 2003


  • Surprisingly, his portfolio rises slowly over time and penny stocks are still better that no stocks at all. Hey people--I am not a sexist here. I use the pronoun "he" only, because I'm speaking for myself here and anyway, I just know that the girls are too smart to invest like me.

    Allan Gust

    Penny Stock Definition

    Investorwords.com defines penny stock as:

    A stock which sells for less than one dollar per share (or in some cases, less than five dollars per share). Most penny stocks have only a few million dollars in net tangible assets and have a short operating history. Penny stocks are almost always small cap stocks, but the reverse isn't necessarily true

    Penny Stock Warning

    Penny Stocks are cheap for a good reason. Most financial advisors advise against buying penny stocks because most people lose money, the commissions are huge and they are subject to price manipulation due to the small float. Thus, I tell people to consider buying penny stocks as gambling. NEVER buy more than you can afford to lose and consider the purchase as a trip to Las Vegas where you have a budget on what you can afford to lose at the gaming tables, including air fair and lodging.

    Penny Stock Discussion

    Discuss penny stocks on our PENNY STOCKS discussion thread.

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    DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.

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    4.   Apr 15, 2003 9:23 AM
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    Front Page

    4/4/2003 12:44:19 PM

    Teacher didn't let disease slow him down

    Chippewa Falls man used time from lung transplant to good use

    Chris Vetter
    Chippewa Falls News ...

    -- posted by Kirk
    3.   Apr 15, 2003 9:21 AM
    .
    Thu, Apr 3, 2003

    Allan Gust


    Allan Gust, 46, died April 1, 2003, at 709 Summit Ave., Chippewa Falls, of complications of cystic fibrosis and double lung transplant rejection.

    He was born ...

    -- posted by Kirk
    2.   Apr 1, 2003 9:31 PM
    .
    In response to message posted by Kirk:

    So sorry to hear about Alan's passing ....it's like losing a Good Friend.

    Thanks Alan fo ...

    -- posted by Jen_
    1.   Apr 1, 2003 9:46 AM
    .
    My good friend Allan (Al) Gust, aka Whirlwind, died last night. We met on Silicon Investor in 1997. He went in for a lung transplant and one of his friends posted an address to send "best wishes" ...

    -- posted by Kirk



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