Bought 250,000 shares did I screw myself?

[DangerGoodson]

Any thoughts on this one PGCN.OB

I know it's trendy but I think the medical industry in china has to grow with it's expanding economy and they have made alot of deals to help them gain significant market share.

But I'm a noob at trading,

Danger

[FishHooks]

From what I've heard, dont invest in China unless you really know what your doing.

PGCN might be ok, could be good if goes as a china sympathy play

Almost everything i trade I don't know what they do and are just as cheap as HTAC and I make a killing [img]/images/graemlins/wink.gif[/img]

[Sniper]

[ QUOTE ]
sorry bud...first rule in investing in the stock market....dont buy stocks under $7 a share.

[/ QUOTE ]

Far from the first rule, and comparing a listed stock trading at $5 to a pink sheet stock trading under 1 cent, is a little silly.

There are low priced stocks that are good investments.

[arod15]

thats a bad rule. There is plenty of money to be made there. While I agree penny stocks are a poor investment. Where you getting your basis? Who made this first rule? No way. Plenty of good stocks there if your saavy enough.

[midas]

Why do you think it could be back to .50 some day? Did you do any fundamental analysis on the Company?

Try an experiment - find out how much stock you can sell back at your purchase price - you'll then have a good idea on the quality of your investment.

[NoTalent]

I bought a stock like this once, It was a 3 cent stock. I bought 1000 shares, and it went to 5 cents. I didn't sell and then it went under. oh well.

[sprmario]

We can all see now that the answer to your question is yes.

[TStoneMBD]

way to spit on a man's grave.