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Anyone Here Trade Penny Stocks?

Discussion in 'General Business' started by razz.jazz, Sep 21, 2010.

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  1. #1
    Anyone on here trade pennies?
     
    razz.jazz, Sep 21, 2010 IP
  2. Tom_Lee

    Tom_Lee Peon

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    #2
    no i dont have any idea.
     
    Tom_Lee, Sep 28, 2010 IP
  3. Mixednuts

    Mixednuts Peon

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    #3
    I have tried penny stock trading, but it's just not worth it. Too much wrong information going out and you really don't know when the pump and dump happens. I'm not discouraging anybody, but this is what I experienced.
     
    Mixednuts, Oct 12, 2010 IP
  4. rofro

    rofro Peon

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    #4
    I don't participate in penny stock trading but I enjoy reading about it on Timothy Syke's blog. I'll probably give it a try one day when I feel like taking the risk :)
     
    rofro, Oct 12, 2010 IP
  5. Mixednuts

    Mixednuts Peon

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    #5
    Well if you have the spare money lying around... why not :)
     
    Mixednuts, Oct 20, 2010 IP
  6. webrec

    webrec Member

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    #6
    Yeah, too much pump and dump - you are better off going to the casino and putting it on red or black at the roulette wheel.
     
    webrec, Oct 20, 2010 IP
  7. Seqqa

    Seqqa Well-Known Member

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    #7
    The only way to make money from penny stocks is to follow a news letter or create your own because the only real way penny stocks move is with a large pump up or shorting the dumps like Tim Sykes does. You can make a lot of money from it Tim Sykes said himself on Wall Street Warriors that is largest day in trading was $300,000 and biggest losing day was $180,000.
     
    Seqqa, Oct 23, 2010 IP
  8. razz.jazz

    razz.jazz Peon

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    #8
    So you follow Timothy Sykes? How hard is it to start your own newsletter?
     
    razz.jazz, Oct 24, 2010 IP
  9. Seqqa

    Seqqa Well-Known Member

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    #9
    No use aweber, join a penny stock forum and give free alerts add your service to your signature if people like your alerts then they'll join your newsletter. just create a squeeze page for your website with some kind of historical proof that your alerts are profitable, either video or image.

    I'm currenly on a free one called www.monsterstox.com
     
    Seqqa, Oct 25, 2010 IP
  10. Z-Man15

    Z-Man15 Peon

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    #10
    Yep, made a nice 300% gain today on LOCN (in at .02 out at .06). Also got a blog for some of my picks: www.nextzstocks.blogspot.com
     
    Z-Man15, Nov 1, 2010 IP