Anyone on here trade penny stocks?

HaRdWoRkInG · 01-31-2007, 04:01 PM

I've been thinking about starting to invest in penny stocks, but I'm just wondering if it's worth it and if I should even bother. Thanks.

goob · 01-31-2007, 05:51 PM

Quote:

Originally Posted by HaRdWoRkInG

I've been thinking about starting to invest in penny stocks, but I'm just wondering if it's worth it and if I should even bother. Thanks.

I once 'invested' in Penny Stokes when the condom burst. She was'nt happy.

DOMS · 01-31-2007, 06:22 PM

I think that penny stocks are crap. A lot of the rules that help to protect you when investing on the major exchanges don't exist in the world of penny stocks.

And that's just one reason.

**Mudge** · 01-31-2007, 07:30 PM

If you don't know them inside and out you'll probably lose your ass on them. Even the money making pennies make most people broke because of bad timing, they usually only make money once in their life as a stock and for a very brief period of time - sometimes only minutes.

bigss75 · 01-31-2007, 11:02 PM

Too risky, you need to know your shit about regular stocks for awhile, and even then you'll get sqeezed

01-31-2007, 04:01 PM	#1
HaRdWoRkInG Registered User Join Date: Dec 2006 Posts: 70	Anyone on here trade penny stocks? I've been thinking about starting to invest in penny stocks, but I'm just wondering if it's worth it and if I should even bother. Thanks.

01-31-2007, 07:30 PM	#4
Mudge Dieting I swear! Super Moderator Join Date: Jun 2002 Location: Here Posts: 23,477 Photos: 1	If you don't know them inside and out you'll probably lose your ass on them. Even the money making pennies make most people broke because of bad timing, they usually only make money once in their life as a stock and for a very brief period of time - sometimes only minutes. Kinesiology Comp Bench MaxCalc Motivation Bench form Charles Poliquin When I let go of what I am, I become what I might be. Lao-Tzu

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01-31-2007, 06:22 PM	#3
DOMS Metrosexual Join Date: Jul 2004 Posts: 22,092 Photos: 1	I think that penny stocks are crap. A lot of the rules that help to protect you when investing on the major exchanges don't exist in the world of penny stocks. And that's just one reason.

01-31-2007, 11:02 PM	#5
bigss75 Let Me See Yo Grill Elite Member Join Date: May 2002 Location: Colorado Posts: 5,125	Too risky, you need to know your shit about regular stocks for awhile, and even then you'll get sqeezed