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Terrible advice that is widely accepted by penny

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deadjim Member Profile
 
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deadjim   Monday, 06/26/17 10:17:09 AM
Re: None
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Terrible advice that is widely accepted by penny players. 99% of all OTC stocks lose money eventually, yet 90% of the boards have someone stating "know what you own".. Math doesn't add up. If you consider and treat the stock market as a casino and gambling, your chance for failure is 100%.
https://www.google.com/search?q=investorshub+know+what+you+own&rlz=1C1CHBF_enUS718US718&oq=investorshub+know+what+you+own&aqs=chrome..69i57j69i60l2.3740j0j4&sourceid=chrome&ie=UTF-8

Here are some other gems that make no sense:

1. This penny stock is a not a true penny stock
2. This penny stock is rare
3. Weak hands are selling
4. going to $1
5. Set GTC at $10
6. shorts. too many phrases involving this one.
7. buyers need to step in. (well no kidding. if there were buyers your stock wouldn't be acting like a POS right? chicken/egg)

I only know this due to white entitlement, clearly.
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