Anyone know any promising NASDAQ stocks in the .50 cent price range?
Answers:
No, there is a reason why they are in that range, there aren't any that are promising. Once they become promising they are in the $6+ range.
if i knew that id be rich
If they were promising they would be worth more.
I invested in one that doubled it's price in a few days, i thought it was the greatest thing ever. I had only 1000 dollars invested, so i cashed out some more and had 8000 dollars ready to slam into it and then i did some checking.
The company has only one full time employee and it was a biotech company run out of his house. It had never made a profit in its existence, and the only reason it doubled was because a mutual fund company bought into it. When they sold, the price dropped like a rock.
PBLS is very promising research it until you are blue in the face !!
Jockee
Nasdaq does not allow .50 stocks they usually get delisted and there is a reason for it.
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