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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Join Date: Feb 2005
Location: Saginaw, Michigan USA
Posts: 588
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Penny Stocks ...
Friend talked me into buying some shares of penny stocks which I have NEVER traded in before ... On his recommendation I bought 50,000 shares of TEGY this morning at .10 cents per share. Right now it is trading at .248 cents per share. More than doubled my investment in 1 day.
Wished they was all that easy. ![]() ![]() ![]() |
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#2 |
Confirmed User
Industry Role:
Join Date: Oct 2010
Posts: 227
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Sell asap
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#3 |
Just Doing My Own Thing
Industry Role:
Join Date: Jan 2011
Location: London, Spain, New Zealand, GFY - Not Croydon...
Posts: 25,034
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Just had a look - Then had a look at the BBC headlines - Looked back and it had dropped 2 cents....
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#4 |
Confirmed User
Join Date: Dec 2001
Location: Tampa, FL
Posts: 3,420
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ORFG could blow up any day now!
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#5 |
Just Doing My Own Thing
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Join Date: Jan 2011
Location: London, Spain, New Zealand, GFY - Not Croydon...
Posts: 25,034
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Another 3 cents in the time it took to write that post - Sorry.....
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#6 | |
Just Doing My Own Thing
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Join Date: Jan 2011
Location: London, Spain, New Zealand, GFY - Not Croydon...
Posts: 25,034
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Quote:
Thats why I dont do this stuff - I would have paniced and sold - but now it has gone back up again....
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#7 |
So Fucking What
Industry Role:
Join Date: Jul 2006
Posts: 17,189
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best host: Webair | best sponsor: Kink | best coder: 688218966 | Go Fuck Yourself ![]() |
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#9 | |
Too lazy to set a custom title
Industry Role:
Join Date: Mar 2003
Location: Homeless
Posts: 62,912
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Quote:
you lose nothing.
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PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com | Angeles Cid | Mariana Cordoba | MAILERS WELCOME! |
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#10 |
So Fucking Banananananas
Industry Role:
Join Date: Mar 2003
Location: If I was in your ass you'd know it
Posts: 12,991
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is it a pink sheet (.pk) stock? its a pain in the dick to sell and most cases you will lose money by the time they sell if you dont know what you are doing
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#11 |
Geo Cities
Industry Role:
Join Date: Aug 2003
Location: North Captiva Island, Florida USA
Posts: 11,827
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Google "Pump and Dump"
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#12 |
Confirmed User
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Join Date: May 2010
Posts: 5,735
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If you have money that you don't really care about sitting around than penny stocks are okay to play, but it's a huge risk. Try swing trading instead
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#13 | |
Confirmed User
Join Date: Sep 2007
Posts: 345
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Quote:
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#14 |
Just Du It
Industry Role:
Join Date: Feb 2004
Posts: 12,094
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#15 |
Confirmed User
Industry Role:
Join Date: Feb 2012
Location: New York
Posts: 240
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Penny stocks are very difficult, if your looking to learn more about them google Timothy Sykes. He has been very successful with them, I have watched his videos. Wasn't extremely impressed with them, particularly because of the price.
I think your better off not playing with them unless your very educated on them. For every dollar you made someone one :-)
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#16 |
Confirmed User
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Join Date: Sep 2008
Location: NYC
Posts: 4,024
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#17 |
Confirmed User
Join Date: Feb 2005
Location: Saginaw, Michigan USA
Posts: 588
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Sold out 80% at .245 and made some change ... gonna buy back in Monday morning cause I think it's going to be a re-bounce where more money can be made on it. So far, does better than selling porn. LOLOLOL
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#18 | |
( ͡ʘ╭͜ʖ╮͡ʘ)
Industry Role:
Join Date: Mar 2004
Posts: 20,000
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Quote:
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#19 |
Confirmed User
Join Date: Dec 2001
Location: SoCal
Posts: 1,651
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You've looked at the stock's history haven't you? It's been at $0.01 for years. You're in the pump and dump, get out while you're up.
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#20 |
in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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The rule with penny stocks, is there is no diamond in the ruff or some little company in back wood Vermont that is going to be the next big mega corp.
They are ALL scams in some form or another.. Even if the people whom run what ever XYZ business is called are not involved they are still a scam. Simple reason is the stocks are manipulated at will by others whom play up pump and dump schemes. The only way anyone should ever play with penny stocks is to just say fuck what XYZ company is, or does or what they promise for the future as it's all BS & lies. There is no regulation so they can do and say anything they want to try and affect their stock prices. ONLY trade on momentum and buy low sell high when something is moving, never get greedy and never hold one more than a day. Personally, when I traded them I never put more than $500 into any trade at one time as it was far too risky with those stocks and too easy to get stuck in them if you put more than that in them. Oh, did I mention they are "ALL" scams in one way or another? |
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#21 | |
Confirmed User
Join Date: May 2003
Posts: 2,734
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Quote:
https://gfy.com/showthread.php?t=1040174 two recommedations by myself, main one, SPIN.OB is up for almost 150 percent, if you bought it on the bid as I advised and second one PFHO.PK, alerted here at 90 cents, the last trade was for 1.68, almost 80 percent gain. . |
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#22 |
Confirmed User
Join Date: May 2003
Posts: 2,734
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#23 |
Confirmed User
Join Date: May 2003
Posts: 2,734
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#24 |
Geo Cities
Industry Role:
Join Date: Aug 2003
Location: North Captiva Island, Florida USA
Posts: 11,827
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http://investing.businessweek.com/re...ticker=JAMN:US
Great case of a pump and dump scam: Jammin Java Corp (JAMN:OTC BB) ![]()
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#25 | |
Confirmed User
Join Date: Sep 2007
Posts: 345
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Quote:
URBF though, watch for the nice bounce.. would be nice if it hits .62 from .04. The last news on Feb 10, that they have partnered up with stockvest.. stock promo company =). Shorts will get squeezed. And the chart is forming a bounce play. http://stockcharts.com/h-sc/ui?s=URB...d=p64543599431 Also, ASFX http://stockcharts.com/h-sc/ui?s=ASF...d=p51132184053 |
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#26 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,152
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I wonder what P T Barnum would say ...
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#27 | |
Confirmed User
Join Date: Feb 2005
Location: Saginaw, Michigan USA
Posts: 588
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Quote:
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#28 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,152
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#29 |
Work Work Work
Industry Role:
Join Date: Nov 2008
Location: EU
Posts: 20,060
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Enjoy the profit!
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#30 |
Damn Right I Kiss Ass!
Industry Role:
Join Date: Dec 2003
Location: Cowtown, USA
Posts: 32,391
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I had a friend invest his $10K nest egg (he is a working stiff) and the stock went from 75 cents to micro cents... His money is now worth something like $17... He is still holding on hoping it will go up... Doesn't realize he got scammed... lol
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#31 |
Confirmed User
Industry Role:
Join Date: Aug 2002
Location: The Valley o' Smut.
Posts: 3,279
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What people don't understand about penny stocks is liquidity...just cause there's a bid out there of, say, .10 or .25 or whatever, it means nothing...especially if you've got a large block of stock to sell.
I used to sell penny stocks, and help people get their Series 7, and the manipulation and BS that goes on in the Pink Sheets is unreal. |
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#32 |
Too lazy to set a custom title
Industry Role:
Join Date: Jun 2005
Location: 127.0.0.1
Posts: 27,047
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put it all on red!
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Make Money
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#33 | |
( ͡ʘ╭͜ʖ╮͡ʘ)
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Join Date: Mar 2004
Posts: 20,000
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Quote:
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#34 |
Confirmed User
Industry Role:
Join Date: Aug 2001
Location: Beach
Posts: 5,275
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aapt has me interested
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#35 |
Geo Cities
Industry Role:
Join Date: Aug 2003
Location: North Captiva Island, Florida USA
Posts: 11,827
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Last trade 0.070
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#36 |
Geo Cities
Industry Role:
Join Date: Aug 2003
Location: North Captiva Island, Florida USA
Posts: 11,827
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Last trade $0.050
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#37 |
I help you SUCCEED
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Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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#38 | |
Confirmed User
Join Date: May 2003
Posts: 2,734
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Quote:
Dental Services for Union members.Company has just become recently fully reporting with audited results. You dont find on pinksheets a lot of companies, who suddenly become fully reporting: http://finance.yahoo.com/news/Union-...76654.html?x=0 Insider buys as high as 2 cents, current price 0,0048, PE 2 While the company is no high-growth stock like my previous two picks, they should appreciate at least 200 percent once market get it. anyway, i know a guy who bought this stock at the open: http://finance.yahoo.com/q?s=BOLL.PK&ql=1 500 percent gain in a day. sometimes you can make insane money playing pinks. sometimes you can loose insane money playing pinks. you have to just know the games. |
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#39 |
Confirmed User
Join Date: Feb 2005
Location: Saginaw, Michigan USA
Posts: 588
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Whatever you do, unless it's a strange situation, you Buy and Sell quickly, rarely do you hold hold hold a pinkie. They pulse upwards and then gradually go in the downward motion where you lose overall. Sell when you see a nice profit.
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#40 |
Confirmed User
Industry Role:
Join Date: Jan 2003
Location: In a Tater Patch
Posts: 2,321
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most people who get suckere dinto a pump and dump lose their ass, however if you get in early and you are not greedy you can do OK. its the greed part that will kill you.
There is a saying, pigs get slaughtered.. not to mention you need to take in account the taxes you'll be paying when you sell. What do you gain making 200 bucks? you need lots of volume to make it worth while.
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#41 |
Geo Cities
Industry Role:
Join Date: Aug 2003
Location: North Captiva Island, Florida USA
Posts: 11,827
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Last Sale: $ 0.051
http://www.nasdaq.com/symbol/tegy
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#42 |
So Fucking Banned
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,910
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There's 2 types people involved in penny stocks...idiots and scammers.
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#43 | |
Geo Cities
Industry Role:
Join Date: Aug 2003
Location: North Captiva Island, Florida USA
Posts: 11,827
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Quote:
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#44 |
Confirmed User
Industry Role:
Join Date: Jan 2004
Location: oddfuturewolfgangkillthemall!!!!!!!
Posts: 5,656
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Is there something like Oanda for penny stocks?
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#45 |
Confirmed User
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Join Date: Sep 2008
Location: NYC
Posts: 4,024
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forget penny stocks, a monkey could have made money in the market the last 3 months.
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#46 | |
Geo Cities
Industry Role:
Join Date: Aug 2003
Location: North Captiva Island, Florida USA
Posts: 11,827
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Quote:
![]() Ya, crazy isn't it ![]()
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#47 | |
Confirmed User
Join Date: May 2003
Posts: 2,734
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Quote:
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#48 |
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Join Date: Jun 2012
Location: All Over
Posts: 3,917
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How quickly can you liquidate? Is there always a buyer at the other end? I would think the demand for these can be quite spotty. How are the broker fees like?
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#49 | |
So Fucking Banananananas
Industry Role:
Join Date: Mar 2003
Location: If I was in your ass you'd know it
Posts: 12,991
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Quote:
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#50 |
Confirmed User
Join Date: May 2003
Posts: 2,734
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next time read my picks correctly and dont post some bullshit here. bye ![]() |
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