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Re: JMoneyHoops post# 202178

Saturday, 08/06/2022 3:29:43 PM

Saturday, August 06, 2022 3:29:43 PM

Post# of 221963
Yep. I made my first billion playing pennystocks. At age 16 no less.

Pennystocks are easy munny. Anytime I find myself a billion or two short, I fire up the ole Robinhood account and spend a week or two day-trading Pink OTC issues and my favorite profit centers, the Form 15 non-registered, non-SEC non-reporting tickers and the Q tickers in bankruptcy. There are so many HUGE, deeep value companies hidden there that, whilst I am strongly tempted to be a buy-and-hold investor of these dark gems, the lure of quick munny always puts me in a greedy flipper mode. I flip these Form 15 gems for a week or two and ten when I hitt my target of a Bill or three (post-tacks of course!), I quit until the need for cash arises again - usually a couple of months, but sometimes only a week or two if I am buying a lott of new yachts and jets.

iHub and other pennystock forums are chock-a-block (whatever that means!) with pennystock millionaires and billionaires. It is nott widely known butt WARREN BUFFETT made his first ten Billions by daytrading pennystocks from his walkdown basement apartment in Yutan, Nebraska (just a bit west of Boys Town in Omaha) while he was 17.

Wisdom from Warren

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