Bitcoin Forum

Other => Beginners & Help => Topic started by: Clovis on March 27, 2013, 11:06:40 PM



Title: there is a house
Post by: Clovis on March 27, 2013, 11:06:40 PM
in new orleans


Title: Re: Do any of you trade penny stocks?
Post by: ECore on March 27, 2013, 11:19:04 PM
Some of these micro-digital currencies have a lot of similar characteristics to some of them.  Let's connect and discuss investment strategies.



Penny stocks have no similarity to Bitcoin/Litecoin.  They just....don't.  I can't come up with even one similarity.


Title: Re: Do any of you trade penny stocks?
Post by: gochk on March 27, 2013, 11:30:55 PM
Penny stocks is for fools.
Btc is still yet to be determine if it's for fools.

As far as penny stocks goes, by the time you get that email about that penny stocks about to "explode" by some company, the very same company is about to exit the trade and needs some suckers to enter the trade. Don't take my word for it ... just take some time to monitor 1 or 2 penny stocks


Title: Re: Do any of you trade penny stocks?
Post by: Neoresolution on March 28, 2013, 01:05:05 AM
I did trade penny stocks. Made about 3 grand then went down 6. That's when I called it quites. You really need to be careful with pump and dumps and also really watch the news. I invested a small amount (like 75 bucks) in a company that creates and sells radiological/biological detection kits and then the tsunami hit Japan. I made 1000 bucks in a week because of it.

Always look at the companies filings. They may say they've made 10 million dollars in the last year, but allot of times if you look at their filings, you'll see that they are in the hole like 400 mil. If there are no filings, stay away. STAY VERY FAR AWAY. There allot of "fake" companies that come from Asia that scam money and run with it. I only had one instance of this but I only lost 50 bucks, thank god.