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Re: User-65225 post# 60581

Saturday, 08/25/2018 9:52:15 PM

Saturday, August 25, 2018 9:52:15 PM

Post# of 130723
All one has to do is look at my posting history to see my ability to predict both winners and losers. I am not perfect, but i do well enough to make strong profits.

Ive been trading pennies since the 90's and one of the biggest lessons ive learned, after some big early losses, was knowing which stocks are for trading the short term pops and which ones are worth holding long...

... and in pennyland, its very rare to find one that is worth holding long. We might THINK we have found one, but penny traders are usually wrong... In pennyland, large groups of people lose their money to a smaller group of insiders, promoters, financiers, consultants and short term traders

One has to have a strong stock selection ability to go long on a penny stock and even then you will still be wrong on occasion.

Less than 5% of the 10,000+ penny stocks will make someone a profit holding long. These are the odds.. I just dont see it VPLM. This isn't even a business. Its a crap shoot against a house with the best lawyers and the biggest pile of $$$

My messages contain many opinions. Please do your own research
and validation.

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