Does it make sense to invest in .0001 stock?

I have been watching a particular stock for some time. It has been having significant trading volume, but it closed at .0001 for the first time ever.

I have never bought a stock this low. The message boards show many that are unhappy that the stock has gone this low. The company is appears to still be very active.

Does it make sense to purchase this stock tonight with a limit of .0001, for the morning? I have a hard time believing it will just flat line all of a sudden. I was thinking of buying at .0001 and sell at a limit of .0002 or higher

What are the risks and benefits of this strategy?

Anonymous2011-10-04T19:00:41Z

Favorite Answer

thats how my husband does it. i would do it. but dont invest to much in it incase it does flat line. you almost cant lose on that one. lol heck invest $10 into it haha if they go up to a quarter, you can take all your friends out to dinner lol

12

Sam2011-10-05T04:54:40Z

I think you will lose doing it .....

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