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Re: A deleted message

Monday, 08/10/2009 8:51:32 AM

Monday, August 10, 2009 8:51:32 AM

Post# of 6266
LOL that is a loaded question. Depends on who you ask, I guess. I have been trading them for a number of years. My opinion is that as long as you are trading them and not investing in them you can make money. There are few and far between very good penny stocks. Most of them are diluted pigs and they are trading on the pinks and otcbb for a reason. But that doesn't mean there isn't opportunity to short term trade them and make money on them. They can be quite dangerous to someone who doesn't understand them. Personally, right now, there are so many cheap nasdaq, nyse, and amex stocks out there under five bucks that I prefer to trade at this point. But if you go here:
http://investorshub.advfn.com/boards/board.aspx?board_id=2199
you will see the penny market has been on fire recently.

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