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Old 09-08-2006, 02:37 PM  
notabook
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Join Date: Apr 2006
Location: Not a Library!
Posts: 9,748
There are huge scammers in the stock market, as evident by the mass number of spam e-mails sent out by those trying to make a quick off of failing companies. They?ll spam millions of e-mails, trying to get thousands of people to buy into a fairly worthless stock. In a week the stock will go up fairly dramatically, say from a few pennies and claim the stock will go up to a level of grandeur. The spammer then will unload all of his stock significantly before then, making a shitload while killing the stock, making whatever you invested utterly worthless.

That said there are tons of good stocks out there. I invested heavily in Techwell and it really paid off big for me, but I only did so after doing research (though honestly Techwell was more of a luck thing for me than anything else; all stocks I?ve made any money with have been by luck lol) on the company. I?ve been burned as well (ADM stock, fucking ethanol!). It?s all one big game where you can make a little, make a lot, or lose a whole fucking lot? I wouldn?t play with it unless you have at least ten thousand to mess around with and it won?t affect you at all to lose it.
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