penny stocks

[Franklin4]

hello my People,
im looking to try dipping my piggybank into the pennystock game
I got $1000.00 bucks to play with
anyone here familar with pennystocks

[generalbob]

Originally Posted by Franklin4

hello my People,
im looking to try dipping my piggybank into the pennystock game
I got $1000.00 bucks to play with
anyone here familar with pennystocks

Take 500 and put it in your hobby account. Take the other 500 and go to casino. You will have fun and your upside potential is pretty much the same.

[Guest031416-2]

Originally Posted by Franklin4

hello my People,
im looking to try dipping my piggybank into the pennystock game
I got $1000.00 bucks to play with
anyone here familar with pennystocks

More risk than reward.
If you can afford to lose $1K...go for it!
Not stock savvy enough to recommend

[newcpl]

I am a day trader. My advice to you is put it in the bank. Making money in Penny Stocks only is damn near impossible. Not impossible but...............
Or take general bobs advice. Two good options actually.

[Guest070916]

Originally Posted by newcpl

Making money in Penny Stocks only is damn near impossible. Not impossible but...............

A couple buddies dabbled in them. They even subscribed to BS 'newsletters' that alert you to the next 'Big ones' to pick. In the end they lost all they invested. One picked one that went up from 50 cents to a few bucks but then started dropping. He tried to sell but nobody would buy! Guess they are easy to buy but very hard to dump.

[Franklin4]

ive heard that,
ok then my people
thankyou

[Bigdaddy14606]

Make a few calls and find someone who will split up some stocks. There are a couple out there that 1000 can buy a few shares. Ford is a good buy as well a vuzi vuzi makes the glasses that Dhl uses. At 3.99 it's a buy. If you can sit on that 1000 for at least 10 years and not need to cash it in silver is also very good priced just go to coin shop. And buy bulk silver coin. Agian do your home work

[ben dover]

Been day trading on and off for years. It can payoff in small gains if you have the time to sit and watch the markets all day. But what's your time worth? Made a little dough the last couple days, not enough for the new Mercedes.. maybe a QS date with one of our fine providers... BD

[Guest070916]

Last two days been great!
August overall has been terrible, nothing but RED....

[Taskmaster]

Originally Posted by splitlicker

More risk than reward.
If you can afford to lose $1K...go for it!
Not stock savvy enough to recommend

That is the key. Only wager what you can afford to lose -- as in gambling as that is what it is. If you can afford to lose the money, it can be a lot of fun. I like to pick one small money stock per year and put 10 grand on it. I find it more palatable to invest in something that has big potential (and risk) while allowing me several thousand shares , as opposed to picking a Google or Apple where you get a handful of shares for your money. That adds to the fun of checking the stock price daily. I have some total losers (Nortel comes to mind where bankruptcy took all 10 Gs) and some that break even or make a modest gain. A decade ago , I put the 10 K on Corning at its nadir of $1.50 and sold it a few years later at over 28 bucks a share. That kind of profit of almost 2000% keeps it exciting.

[Guest070916]

Originally Posted by ben dover

It can payoff in small gains if you have the time to sit and watch the markets all day....

Sitting in front of a monitor all day can drive ya batty and be as exciting as watching grass grow.....
I'd rather chase pussy.....

[Plastic Man]

yup ...always be sure an ...take financial advice from an ol ...fizzle flop

[Guest070916]

[Franklin4]

yup, im gonna check that out, get afew pennystocks and watch it everyday

[duke1956]

I had a relative invest 10k in some penny stocks last year. It quickly turned into 100k. Just as quickly it turned into 0. He tried to get me to go in with him but I prefer the slow and steady approach to investing. Not sexy, but it pays off.