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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@EvenPrimeIn all honesty @YLR when $NXE went from 2.85 last year to 1.56 or whatever that bottom was, I never once felt worried. I was just saving more money to load the truck up when she popped. And when you guys all called the turn-around I backed the truck up :) I know what you mean though as weak hands will break, and I believe the stronger hands may try to shake the tree here soon to do just that. But a generational deposit (disregarding black swan events) is a pretty damn good investment in my opinion. (I say that when I mentioned I sold all my $NXE last week at 2.20 to buy TK(up 12%) $SBB(up 22%) and an IPO) but ... I will definitely get back in when the time is right. I sold 1/2 my $SBB yesterday to take those gains.
@Vaughan@EvenPrime, it a reverse chart. Tanking price on the chart is rising price in the market, hence tanking to $.4.40. @wannabeinvestor, I dont think @ylr has a problem with $NXE, in fact I'm pretty sure by being on this site he learned quite a bit about the asset and understands its importance and significance to the sector more.