OFFICAL PENNY STOCKS THREAD

[devildog1776]

Im not new to investing but I want to dabble in the market i know where i want to place my money but i need sum feedback from a few of you who are successful trading this small market and what vehicles you use to get you there... 
WE ONLY GOT A FEW MORE YRS LEFT TO ACQUIRE SUM ASSETS SO IM DIVING IN THIS YR

 

[devildog1776]

Im not new to investing but I want to dabble in the market i know where i want to place my money but i need sum feedback from a few of you who are successful trading this small market and what vehicles you use to get you there... 
WE ONLY GOT A FEW MORE YRS LEFT TO ACQUIRE SUM ASSETS SO IM DIVING IN THIS YR

 

[futuristic]

Originally Posted by devildog1776


WE ONLY GOT A FEW MORE YRS LEFT TO ACQUIRE SUM ASSETS SO IM DIVING IN THIS YR

O Rly?

 

[futuristic]

Originally Posted by devildog1776


WE ONLY GOT A FEW MORE YRS LEFT TO ACQUIRE SUM ASSETS SO IM DIVING IN THIS YR

O Rly?

 

[chicagokid23]

i will be paying attention to this

 

[chicagokid23]

i will be paying attention to this

 

[jwill jr]

Wasn't there another thread like this? I think I saw one a while back. I am getting back into the stock market this year. have made some good money on some penny stocks. I am going to try to find some good ones in the next few weeks/months.

 

[jwill jr]

Wasn't there another thread like this? I think I saw one a while back. I am getting back into the stock market this year. have made some good money on some penny stocks. I am going to try to find some good ones in the next few weeks/months.

 

[nikeskywalker]

I've been watching SIRI for about a year. My whole life is based on hindsight

 

[nikeskywalker]

I've been watching SIRI for about a year. My whole life is based on hindsight

 

[aj33]

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

 

[aj33]

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

 

[jwill jr]

Originally Posted by AJ33

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

If you can find penny stocks with momentum and catch them while they are low, you can make money.   Most ppl lose money because they buy into the hype believeing the penny stock they just bought is the next big thing, and they hold on to their shares hoping to go from .005 to $2 or $3 dollars.  when most dont.. But if you do your homework you can find good penny stocks to make money.

 

[jwill jr]

Originally Posted by AJ33

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

If you can find penny stocks with momentum and catch them while they are low, you can make money.   Most ppl lose money because they buy into the hype believeing the penny stock they just bought is the next big thing, and they hold on to their shares hoping to go from .005 to $2 or $3 dollars.  when most dont.. But if you do your homework you can find good penny stocks to make money.

 

[throwedindagame]

Originally Posted by AJ33

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

Yeah if you want to be exotic and make tons of cash...I'd look into options or currencies before trading penny stocks.

The only thing about options is it's win big or bust. Options = time bombs.
Come expiration date: If you're still holding the contract and not in the money, you lose all your money

.

Also, OP check out the official stock market thread. Tons of guys trading pennies in there.

 

[throwedindagame]

Originally Posted by AJ33

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

Yeah if you want to be exotic and make tons of cash...I'd look into options or currencies before trading penny stocks.

The only thing about options is it's win big or bust. Options = time bombs.
Come expiration date: If you're still holding the contract and not in the money, you lose all your money

.

Also, OP check out the official stock market thread. Tons of guys trading pennies in there.

 

[hankmoody]

Originally Posted by Jwill JR

Originally Posted by AJ33

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

If you can find penny stocks with momentum and catch them while they are low, you can make money.   Most ppl lose money because they buy into the hype believeing the penny stock they just bought is the next big thing, and they hold on to their shares hoping to go from .005 to $2 or $3 dollars.  when most dont.. But if you do your homework you can find good penny stocks to make money.

 Has this ever happened????  An increase from .005 to 2 is a 40000% gain, if I did the math right. That's 400 dollars gained for every 1 dollar invested. 

 
Penny stocks are idiotic. 

 

[hankmoody]

Originally Posted by Jwill JR

Originally Posted by AJ33

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

If you can find penny stocks with momentum and catch them while they are low, you can make money.   Most ppl lose money because they buy into the hype believeing the penny stock they just bought is the next big thing, and they hold on to their shares hoping to go from .005 to $2 or $3 dollars.  when most dont.. But if you do your homework you can find good penny stocks to make money.

 Has this ever happened????  An increase from .005 to 2 is a 40000% gain, if I did the math right. That's 400 dollars gained for every 1 dollar invested. 

 
Penny stocks are idiotic. 

 

[jwill jr]

Originally Posted by HankMoody

Originally Posted by Jwill JR

Originally Posted by AJ33

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

If you can find penny stocks with momentum and catch them while they are low, you can make money.   Most ppl lose money because they buy into the hype believeing the penny stock they just bought is the next big thing, and they hold on to their shares hoping to go from .005 to $2 or $3 dollars.  when most dont.. But if you do your homework you can find good penny stocks to make money.

 Has this ever happened????  An increase from .005 to 2 is a 40000% gain, if I did the math right. That's 400 dollars gained for every 1 dollar invested. 

 
Penny stocks are idiotic. 

Plenty of times.   And alot of ppl who get into penny stocks ready stories about stocks that went crazy overnight and went from sub pennies to a few bucks.  They think its normal which its not.  Most penny stocks are pumps and dumps.  Even on those you can still make money.  The thing you have to do it have a strategy and not fall in love with a stock.  One of the first penny stocks I bought was a Russian Oil company.  I got in at .19/share.  I sold at .79/share.   I could of sold at $1.55/share but I got greedy and wanted to hold out for $2/share.  There has been a few times when I was first starting to trade that I held on too long and lost money that I should of made.  I have made some good money on penny stocks, but could of made alot more.   My main goal is within the next few years to trade in the Forex, until then I will dibble and dabble in penny stocks.

 

[jwill jr]

Originally Posted by HankMoody

Originally Posted by Jwill JR

Originally Posted by AJ33

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

If you can find penny stocks with momentum and catch them while they are low, you can make money.   Most ppl lose money because they buy into the hype believeing the penny stock they just bought is the next big thing, and they hold on to their shares hoping to go from .005 to $2 or $3 dollars.  when most dont.. But if you do your homework you can find good penny stocks to make money.

 Has this ever happened????  An increase from .005 to 2 is a 40000% gain, if I did the math right. That's 400 dollars gained for every 1 dollar invested. 

 
Penny stocks are idiotic. 

Plenty of times.   And alot of ppl who get into penny stocks ready stories about stocks that went crazy overnight and went from sub pennies to a few bucks.  They think its normal which its not.  Most penny stocks are pumps and dumps.  Even on those you can still make money.  The thing you have to do it have a strategy and not fall in love with a stock.  One of the first penny stocks I bought was a Russian Oil company.  I got in at .19/share.  I sold at .79/share.   I could of sold at $1.55/share but I got greedy and wanted to hold out for $2/share.  There has been a few times when I was first starting to trade that I held on too long and lost money that I should of made.  I have made some good money on penny stocks, but could of made alot more.   My main goal is within the next few years to trade in the Forex, until then I will dibble and dabble in penny stocks.

 

[hankmoody]

Dude, you said .005 to 2.00. .19 is 38 times .005. "Plenty of times" seems to be an exaggeration of historical proportions.

 

[hankmoody]

Dude, you said .005 to 2.00. .19 is 38 times .005. "Plenty of times" seems to be an exaggeration of historical proportions.

 

[fishinthesky]

Originally Posted by AJ33

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

This is the best way to put it.. penny stocks are so volatile its def. not for the average joe.. save your money and invest elsewhere.. best advice youll get in this whole thread.

 

[fishinthesky]

Originally Posted by AJ33

Rename this the "Official Suckers Thread". Quickest way to lose money is to invest in penny stocks. There's a reason why these companies are worth pennies. They're trash. You're just lining some "pump and dumpers" pockets with money. i've lost thousands in penny stocks. Don't get sucked into the 1000% gains and all the BS.

Best securities investment is in Options. There are many strategies that can be used for consrvative and risky investors. Study up on it, but leave the Penny stocks alone.

This is the best way to put it.. penny stocks are so volatile its def. not for the average joe.. save your money and invest elsewhere.. best advice youll get in this whole thread.

 

[shatterkneesinc]

lol penny stocks?
who the hell you think you are