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Re: User-65225 post# 60582

Saturday, 08/25/2018 11:43:55 PM

Saturday, August 25, 2018 11:43:55 PM

Post# of 130177
EXCELLENT ADVICE FOR PENNY TRADING HOPEFULS....


Rocketstocks Member Level Saturday, 08/25/18 09:52:15 PM
Re: Rocketstocks post# 60581 0
Post #
60582
of 60594
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 $$$
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Rocketstocks Member Level Saturday, 08/25/18 11:43:49 PM
Re: DeerBalls post# 60594 0
Post #
60596
of 60597
I have no interest in buying this ticker. ZERO... I hit winners all the time, posting history is proof, i dont need to tie my money up in a long term crap shoot.

We will brobably see a bear market before these guys produce any meaty news, IF they ever have any... and you will see it crumble back to subpennies fast.

Terrible risk/reward here... I can hit several mega baggers before this sees 100%

Im only here because you said this was better investment than AM#E, which is one of the fastest growing penny stocks for the valuation level, with even bigger/high margin growth initiatives about to kick in. I just dont see it.

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


"Predictions are hard, especially about the future."
Mark Twain

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