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Old 02-27-2019, 08:20 PM  
OneHungLo
So Fucking Banned
 
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Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
Quote:
Originally Posted by mce View Post
See https://stocksunder1.org/nasdaq-stocks-under-1/

One thing I've noticed, most of the quick money is not made re 'exciting news' about the company or even if the company is profitable or not... What to look for? Momentum and VOLUME
I think this is more like gambling than investing, don't you? I've been buying and selling stocks for over 20 years and when I first got interested I looked at those kind of companies. It's easy to think if they just go from $1 to 2$ i'll double my money. It's the same thing with OTC stocks. They're all just pump and dump. You'll never be able to get out fast enough because someone will just steal your money.

It's a suckers bet. Do paper trades for a month and see how deep in the red you are.
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