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Penny Stocks?

Posted on 11/4/12 at 8:22 pm
Posted by Psauce
Member since Apr 2012
46 posts
Posted on 11/4/12 at 8:22 pm
Anyone trade these? What are some strategies to make big money/not lose big money?
Posted by barry
Location, Location, Location
Member since Aug 2006
50336 posts
Posted on 11/4/12 at 8:34 pm to
quote:

What are some strategies to make big money/not lose big money?


Think about what you are asking, then come back.
Posted by TulaneTigerFan
Seattle
Member since Sep 2005
35856 posts
Posted on 11/4/12 at 8:46 pm to
I short the hell out of penny stocks
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 11/4/12 at 8:58 pm to
Just go to the casino. At least then if you win big you have easy access to hookers/blow/alcohol.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 11/5/12 at 6:04 am to
quote:

Just go to the casino. At least then if you win big you have easy access to hookers/blow/alcohol.


This. Plus a casino will offer better odds.
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 11/5/12 at 6:31 am to
quote:

This. Plus a casino will offer better odds.


Agreed go play blackjack at like 49/51 odds and I guarantee you'll come out better than if you start trying to speculate randomly on penny stocks.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47119 posts
Posted on 11/5/12 at 8:27 am to
quote:

What are some strategies to make big money/not lose big money?


Buy low, sell high.
Posted by Tigah in the ATL
Atlanta
Member since Feb 2005
27539 posts
Posted on 11/5/12 at 11:42 am to
quote:

not lose big money
don't invest big money
Posted by GREENHEAD22
Member since Nov 2009
19577 posts
Posted on 11/5/12 at 12:40 pm to
There is a oil penny stock that I am pretty certain some on here have invested on or at least keep up with. It is a total scam by the way.
Posted by LSUcam
Destin FL
Member since Dec 2011
381 posts
Posted on 11/5/12 at 4:02 pm to
Just for the fact that you are asking this question; I would stay far away from any "penny stock." In fact I would stay away from any individual stocks all together.

Get rich slowly and invest in a quality mutual fund, and continue to contribute monthly to your investment.
Posted by LSU0358
Member since Jan 2005
7915 posts
Posted on 11/6/12 at 8:51 am to
There's a reason a stock is worth pennies. I don't touch a stock that isn't at least in the 5-7 range. And even then it is never a large part of my portfolio.
Posted by LSUAZ
Egypt
Member since Nov 2012
124 posts
Posted on 11/6/12 at 11:47 pm to
Just run a parlay every week on 9 or 10 teams. This will pay better in the long run..... Vegas
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