Friday, December 15, 2017 10:45:27 PM
They watch the 10 most active gainers list and think they can easily find a lifechanger out of the 10,000+ penny stocks. They fail to understand the odds, so most of them lose their cash to a smaller group of shady insiders, financiers, promoters and consultants selling large chunks of discounted/free stock
Pinky stocks attract the worst/shadiest business people/scammers. Its no secret that a lot of money can be made from selling a "story" to an eager group of gamblers... When products/business plans fail in the real world, they often end up in a pinky stock. They try to make their $$$ back by selling shares... and the solid products/business plans are usually underfunded, which leads to failure as well. It takes $ to make more $$$.
Few pinky stocks are a long term success. One has to be very diligent to avoid the losers and spot the rare winners... its hard for penny investors to put some shares away and let it grow long term, because there is always another play tickling the gamblers mind. Ive been there, lost a lot!...
Understanding which ones to trade and which ones to let ride makes all the difference long term. Wealth is a long term goal and the journey should be enjoyed! Pushing too fast can lead to poor decisions that set your long terms goals back by years... Lose a large chunk of $$$ on a substanceless loser and it takes a lot of work/effort just to get back to even again, if you're lucky! DD takes time!
You dont need to find many lifechangers, you just have to know WHEN you've found one. AMFE has just as much potential as any other popular food/entertainment chain. Quality across the board
My messages contain many opinions. Please do your own research
and validation.
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