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Dobie Lama

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Dobie Lama

Re: A deleted message

Wednesday, 06/11/2008 11:25:27 PM

Wednesday, June 11, 2008 11:25:27 PM

Post# of 10243
I don't think "regular" guys can make $$ in the penny stocks. You need to have 4 computer screens, access to Level II data, and be able to spend time wathing all the trades made on an hourly basis. This market is volatile and is filled with fake info that's designed to make the "regular" guy buy or sell.

Many penny stocks will fail. Most investors simply want to make a daily profit on the ups and downs of the stock. If you can day trade and make $300 a day, that's a great return.

This is a gambler's market place.

Good luck to you.

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