guerillaeye Posted June 13, 2007 Share Posted June 13, 2007 Who does it? I have a few thousand shares in a few places.. Only a couple hundred dollars, really.. but the thing with penny stocks is, you can buy 25000 shares at .005, so you start with a 125.00 investment, and if its a good pick, can go up to .05 cents in a few days time.. your 125 turned into 1,250. i got my startup funds by cashing in some stock-options my company gave me.. i am poised to make some good profit in a few months time, reinvesting and flipping (sounds familiar to some, im sure..). You can make a mint or loose your ass.. Anyone else play the market? Quote Link to comment Share on other sites More sharing options...
Guest R@ndomH3ro Posted June 13, 2007 Share Posted June 13, 2007 What the hell happened to your text? I had to squint real hard to read that.. Quote Link to comment Share on other sites More sharing options...
Gat Bush Posted June 13, 2007 Share Posted June 13, 2007 teach me how to make mo' money Quote Link to comment Share on other sites More sharing options...
Guest R@ndomH3ro Posted June 13, 2007 Share Posted June 13, 2007 Start robbing the rich...instant more money Quote Link to comment Share on other sites More sharing options...
asdf_va! Posted June 13, 2007 Share Posted June 13, 2007 ^^there it is. Seriously though... I don't [play the stocks] but I want to. Any good resources you use to help someone to get into it correctly? Quote Link to comment Share on other sites More sharing options...
guerillaeye Posted June 13, 2007 Author Share Posted June 13, 2007 What the hell happened to your text? I had to squint real hard to read that.. i have no idea.. i just tried to fix it, and it kinda worked.. (i check spelling before i post on this god-forsaken forum.) Quote Link to comment Share on other sites More sharing options...
tr808 Posted June 13, 2007 Share Posted June 13, 2007 rather hit the penny slots.at least you get free drinks Quote Link to comment Share on other sites More sharing options...
Guest R@ndomH3ro Posted June 13, 2007 Share Posted June 13, 2007 They have penny slots? I thought the lowest they go is nickel Quote Link to comment Share on other sites More sharing options...
Some1 Posted June 13, 2007 Share Posted June 13, 2007 I think the lowest they go in ct is a 1$ Quote Link to comment Share on other sites More sharing options...
VAJ Posted June 13, 2007 Share Posted June 13, 2007 Lowest I'v ever seen was $1. Quote Link to comment Share on other sites More sharing options...
guerillaeye Posted June 13, 2007 Author Share Posted June 13, 2007 OK.. I'll use PHARM CONTROL LTD (PMCL) .. i have no real clue what this company is about.. but im guessing it has to do with drugs.. it is at .02/share.... (it was at 5.00/share in december, but took a BIG shit..) At any rate.. this stock has been doing a "yo-yo" thing.. dropping to .011 and back up to .021.. loosing 50% and then jumping 100%.. if you buy your shares at .011 and sell at .021, you make 100% profit on your investment. I dont own any shares in this stock.. most of mine are in a Telcom Stock.. that (i hope) will give a nice return... but people that have been playing this one have made a lot of money in the last few days. Quote Link to comment Share on other sites More sharing options...
boogie hands Posted June 13, 2007 Share Posted June 13, 2007 i have a buddy that does this. he works about 4 hours a week and pretty much does whatever he wants. Quote Link to comment Share on other sites More sharing options...
RHDS Posted June 13, 2007 Share Posted June 13, 2007 Granted you have to have some money, but investing in real estate is probably the best way to go. The stock market is just way too unpredictable. Quote Link to comment Share on other sites More sharing options...
tr808 Posted June 13, 2007 Share Posted June 13, 2007 They have penny slots? I thought the lowest they go is nickel yea in Atlantic City Quote Link to comment Share on other sites More sharing options...
Guest R@ndomH3ro Posted June 13, 2007 Share Posted June 13, 2007 Granted you have to have some money, but investing in real estate is probably the best way to go. The stock market is just way too unpredictable. Good advice from a newbie? Real Estate can be a big gamble to, especially since right now the market is not that great. There are tons of houses where I live that people invested in and are trying to re-sell and they are just sitting there on the market. Sucks for them. Quote Link to comment Share on other sites More sharing options...
guerillaeye Posted June 13, 2007 Author Share Posted June 13, 2007 dudes net 10g's in a day traiding penny-stocks.. other days they loose 10g's... but thats the game.. your goal is to have more +10g days than -10g days.. right? If i had more loot and more of an understanding of the market, id be in it full time, easy. Quote Link to comment Share on other sites More sharing options...
Felix_the_Cat Posted June 13, 2007 Share Posted June 13, 2007 teach me how...i've been interested in this for a while now i just need some more info Quote Link to comment Share on other sites More sharing options...
BruceLeroy Posted June 13, 2007 Share Posted June 13, 2007 turned $20.00 into $300 playing quarter slots....yeah buddy Quote Link to comment Share on other sites More sharing options...
guerillaeye Posted June 13, 2007 Author Share Posted June 13, 2007 the most used Broker is http://scottrade.com/ ... only $7 per trade. i use fidelity because my company gave me the account, but its $19.99/trade for the first 20 trades, then it goes to $5.. i think. I dont have any pointers.. im not a "day trader"... but id say, find a stock with a pattern of dropping and going back up.. buy in at the low and sell at the high.. thats the essense of it. . . . . my girl funded our entire trip to atlantic city on $20.. damn shes good. Quote Link to comment Share on other sites More sharing options...
Felix_the_Cat Posted June 13, 2007 Share Posted June 13, 2007 thanks for the link. i'll look into that. Quote Link to comment Share on other sites More sharing options...
the_gooch Posted June 13, 2007 Share Posted June 13, 2007 kens http://kenilworthsystemscorporation.com/roulabette.html Quote Link to comment Share on other sites More sharing options...
boogie hands Posted June 13, 2007 Share Posted June 13, 2007 Good advice from a newbie? Real Estate can be a big gamble to, especially since right now the market is not that great. There are tons of houses where I live that people invested in and are trying to re-sell and they are just sitting there on the market. Sucks for them. real estate is more stable but that also means you get fucked a lot hard and a lot longer if youre stuck holding your investments when the bubble pops. Quote Link to comment Share on other sites More sharing options...
CALIgula Posted June 13, 2007 Share Posted June 13, 2007 i had an economics class in high school.....sophomore year.....we teamed up in pairs and each team picked a dollar amount of money out of a hat... the rules were that you had to invest 80% of your money in at least 5 shares of stock...then write a report about why you picked it and what happened. we had like $200,000 and at the end of the two months we had about $750,000 ...meanwhile groups that started off with $5,000...lost money in the stock ...rich get richer....poor get poorer anyways....we made some money in HBO stock...lost some in Playboy stock.... and we bought stock called "BERKHA"...that made us almost half a mil. Quote Link to comment Share on other sites More sharing options...
guerillaeye Posted June 13, 2007 Author Share Posted June 13, 2007 good look gooch (on kenilworth) Quote Link to comment Share on other sites More sharing options...
LIVERWURST* Posted June 13, 2007 Share Posted June 13, 2007 http://www.vicefund.com/ Quote Link to comment Share on other sites More sharing options...
Theo Huxtable. Posted June 13, 2007 Share Posted June 13, 2007 i was doing penny stock on e-trade a few years ago. got disinterested and then stopped. then i did "real stocks" on sharebuilder a couple years back and made some money off sirius satellite radio then stopped. too risky. Quote Link to comment Share on other sites More sharing options...
the_gooch Posted June 14, 2007 Share Posted June 14, 2007 no problem. Quote Link to comment Share on other sites More sharing options...
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