Where is a good place to actually learn about trading pennies?
 

All of these youtube videos seem to be morons promoting bullshit clickbankesque junk

I really like the idea of trading pump and dump pennies.. I mean to say, hell, if you find out the usual places these things are promoted... These idiots must get their tips somewhere, right? One video said these companies pay promoters .... right .. so just find out what and where they're promoted, right?

There doesn't seem to be a way to lose money. You find a stock that's been pretty flat, it's not all that old, jump in when the promoters pick it up and then sell while there's still volume and it hasn't peaked yet

What could go wrong?

Famous last words? :)

As an aside.. please tell me you can short pennies .... ???

Thinking like that is the fastest way to lose the lot.

Don't play with money you can't afford to throw away.

kenny's pennys might be able to help you out
ds

definitely gfy where all ballers here

You seem to be one of the most self destructive people on this forum. Obviously, laziness, substance abuse and immaturity combined with zero impulse control are a winning formula for gambling with penny stocks. You have all the traits of a winner.

You'll do well, genius.

Great way to start the new year:1orglaugh

the only person making money is the promoter, for everyone else it's nothing more than a gamble... probably go to a casino instead, same odds, more fun, and at least you will score some free drink/food in the process... :thumbsup

... and if by some fluke you end up making $$, good chance you will get arrested for participating in a pump/dump operation... :thumbsup

It's pretty similar to HYIPs. You either make money or you pretty much lose it all, and you have no idea which will happen. You might think you're smarter than everyone else but you're not.

My brother fell for an HYIP once, got bilked for a few grand of money he couldn't afford to lose, and the person running it was found and arrested...and it was a 17 year old kid. There's already been a 60-minutes show about a kid doing the same thing with penny stocks, cept I think he was even younger, like 14 or 15. Do you really want to be the idiot that flushed your savings down the toilet to some punk kid?

The Definitive Guide to Trading Pennies

:thumbsup

.

Hey
One of these days when I'm chillin' with sheen and we both took over the world but no one knows because we don't tell anyone because you're not winners and don't deserve to even behold out awesomeness I won't even bother to show you pictures of my bentley or my bitches because you're clearly not awesome because you're on GFY 24/7 while I had time to have all kinds of women blow me and go to jail and travel all over everywhere and eat a-lot so bow down to my awesomeness in advance even though I'm far from being awesome right now

Get me?
Feel me.

Actually- your post was hilarious and I enjoyed it greatly. Plus, I think it was helpful to me. Thank you :thumbsup

Sure, but as I understand those, that's people intending to buy and hold securities touted to have some pie in the sky long term return percentages that just don't make sense.

Well, if you can find their roller coasters and go for a ride with them for a few points on the way up, how can that be bad? The only hole I can really find in this idea is getting caught long or not getting out in time

But you can only lose 100% and if you're right any decent percentage of the time you're good.. I would think

If these penny list guys really have the track record they post on their sites... which, I am doubtful of, but who knows.. damn that'd be amazing. You could just follow them and their lemmings in and then back out as soon as it moves up

LOL nailed it

here I fixed it for you... doesn't make much sense though :(

Why Bump this ?

VenusBlogger!

If I'm not mistaken, you have to put up 100% of the margin on stocks that the SEC has approved to short.

I think.

I don't think margin applies to OTC
I remember reading about a $2.50/share requirement to borrow them

:1orglaugh:1orglaugh:1orglaugh