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Time to 'get my feet wet'

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STOCKINGS

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9 August 2013
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Hi there, I began investing many years ago in a far off country.I was successful enough to help me make a move to Aus. I have watched the market here for 15yrs and I feel it is time to stop watching and start acting. Hopefully I will get some inspiration from like-minded people on this forum.I was more partial to investing in the little known 'penny' stocks and that is where I intend to start again. Looking forward to the journey.
 
Best of luck STOCKINGS.

One penny stock that has come on my radar in the last week is ORR.

$10m cash w/ MC of $7.7m.

Currently trading at 7c.

I will be keeping a close eye on that one.

Not holding ATM.
 
springhill said:
Best of luck STOCKINGS.

One penny stock that has come on my radar in the last week is ORR.

$10m cash w/ MC of $7.7m.

Currently trading at 7c.

I will be keeping a close eye on that one.

Not holding ATM.
Click to expand...

For what it's worth, I wouldn't hold any of that stock for a second. It's pure speculation. I wouldn't get your feet wet gambling. I didn't realise so many people wanted to jump on board the negative return train but there is far more demand than supply for that stock right now.
 
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