[mage lang="" source="flickr"]trade penny stock[/mage]
Trade PENNY Stocks online. Best tool please? Need OTC BB, Pink Sheets…Real time …looking for the best…
Please provide link…and advice on Penny stock trading if you’d like also!
That’d be …greatt….
Thanks in advance!
-The Blue mushroom.
I have very VERY special reasons.
I’m looking for tools, and, not so much discouraging advice:
“When you want to sell, they will lower the Bid, where you will lose your A##, unless some other person comes in after you. ”
you are correct here, someone WILL come after me, I have VERY SPECIAL reasons to be peddaling penny stocks.
I will be screwing people…and I will be making all the money.
it’s all legal, so don’t get on my back, but it’s taking advantage of weaker people 100%.
I don’t want to explain, and I do not want to give up my process.
I’m a rich jap kid with tons of money and time,
and I’m about to become a millionaire, simply because I feel like it.
Now please, TOOLS?
Penny stocks are not well regulated and easily manipulated.
How many of us get emails (spam) for some penny stock hype. The SEC/ NASD doesn’t have time time to shut down all of these fraudulent claims made by penny stock hypes.
The penny stock brokers (if there are any) will sell you the keys to the White House for a cheap price. And would you do it? You know its a scam, so why would you invest in penny stocks?
I know, it’s cheap, can’t lose much, and big upside potential, right? WRONG!
You need to know this: There is a REASON why penny stocks are priced as they are. They are near worthless.
Very few ever make it to NASDAQ or the Big Board.
Next, trading volume in penny stocks are close to nill. When you buy, market makers will jack the Ask price up.
When you want to sell, they will lower the Bid, where you will lose your A##, unless some other person comes in after you.
Google: “Greater Fool Theory.”
You may get lucky a few times, but most people lose in these over time. Your odds are better in Vegas, and there’s no commission.
Take heed. Now you know. See my Bio (17 years in the – real market – biz)
Movie you should watch:
Boiler Room (2000)
How To Trade Penny Stocks – Penny Stocks List