Investor Help (NO Ihub questions)

[cintrix]

With this strategy I would need to preform this 3 or 4 times a day without failing.

I don't mean to burst your bubble and if you can do this more power to you. But if it were possible to find a triple zero stock that moved 50% tradeable (meaning you are able to trade it up that much) and do it 3-4 times a day, there would be a lot of rich, successful triple zero penny stock players. When a stock is trading down at .0001 x .0002 it is usually very hard to trade it up. It is down there for one reason and that is major dilution. And most of the time it ends up reverse splitting at the expense of current shareholders. Are there triple zero stocks that make major moves upward? Absolutely. It happens - most of the times because of a pump/promo - then they go back to where they were. But they are few and far between. If you must trade penny stocks and you don't have a lot of money my advice would be to stick with the double zero stocks that have a way better chance of movement, and the spread is not so large. So if you bought it on the ask and had to sell it on the bid your loss wouldn't be as big.