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Re: Self-Made post# 7417

Friday, 03/27/2020 12:01:35 AM

Friday, March 27, 2020 12:01:35 AM

Post# of 29428
That is why 99% of OTCM investors lose money - by the time investors are chasing promoted stocks those frontloading or the insiders have dumped their shares why telling novice investors the price is going to "dollarland" - so they chase and hold and watch their investment disappear. Then they average down. I have researched hundreds of OTCM share selling schemes and they all end the same - lots of bagholders.

The only way to trade penny stocks that use message boards, social media (Twitter - Facebook), forward looking press releases, pumping 8-Ks and paid promotions is to just consider them all to be scams and just trade them do not invest in them. You'll lose 99% of the time if you believe the hype.

Play the price action and always take profits.

IG

"And the CEO looked, and behold a pale horse: and his name that sat on him was Death to Scams, and Hell followed with him."