Penny stocks ended because ....

I know cordlife is good, but i do not have much time left, i m old enough, i hope it is not offence here, i m refering honestly to myself old here, and not you people.
I dont look beyond 10 yrs, it is too far for me, but if you are young then i wish you luck.
Dont say a million, even 1c will be useless, if we are gone.
I am looking for it to go abv 61c,but i will see when it hit 61c and to take  profit or not or see whether futher upside possible.
I m still q to buy today,
I am old, i hope you do not take offence, i am refering to myself sincerely.
[hr]
[Ricky.R.Ng 29-06-2012]:

Cheongwee, my apology to you & I do admire the way you trade. Thank you for you advice. I do cut lost when I bought wrong stocks or take profit to built up my cash holding for opportunity.
 
During 2008/9 everyone get hit, myself included but I profited from it more than 100%. During 2009 “Great Singapore Sales” but minus the crowd. In fact I’m ready for the next market crash. My investment principle guarded by Warren Buffett:
 

1. Remember that you should behave like a business owner. Invest in the long term profit of the companies, & not simply hope for someone to pay a higher price 12 months down the road.

 

1. What matters to Buffett is the underlying economic fate of the business. ‘I let my marketable equities tell me by the operating results, - not by daily, or even yearly price quotations.– whether my investments are successful. The market may ignore business success for a while, but it eventually will confirm it.

 

1. Be greedy when people are fearful & be fearful when everyone is greedy.

 
I have identified Cordlife:
Insurance companies pay out money for claim but Cordlife make more money if there is a need to use it cord blood to save life.

I am qeueing to accumulate more of cordlife, i have bought yesterday, and several counter.
GSH just got done at 7.6 today. This is a risky counter, not a call
wish me luck.

civmec,... took profit yesterday at 94c, bought sometime back, interesting counter,it never hit my trailing stop.
took profit, since it look a bit tired, put that money to work elsewhere.

Ying Li..a good stock, bought at 25.5c,.still holding and acc at 31c. i see higher than 40c.
this one was a SIAS call, but this will be lay out on China easing. A good solid s-chip which if SIAS report is accurate, this is a gehuine couner doing proper business.
SIAS state this one is worth 85c.
i usually ride the trend as i see the px go higher i will buy more.
Ying Li..i see accumulating going on, not a call.

UE E&C ..i buy little here..58c, It is very illiquid, got to be patient, but this one it financial is very excellent. Personnally,  think it is worth the same as civmec..that isard 90c, any diefferent opinion, pls comment.
This counter also pay good dividend. Solid backing form UE.
You go and read it yourself. This is not for trading ,but who know, as market soar this one will soar as well.

This was taken form CNBC
www.cnbc.com/id/48013560
I disagree that the rally will not last,
He forgot abt all round easing ,which is good for stock.
That is the major point that market rally, it is liquidity, bailout money can be use for state as well as institution.
Invester feel assure ,