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Re: scon post# 109163

Friday, 01/21/2011 7:38:01 AM

Friday, January 21, 2011 7:38:01 AM

Post# of 289419
I follow penny stocks for enterainment purposes now. And to educate when I can. I spent my time in the penny stock game and it quickly became apparent how many of them were purely share-selling scams, like BBDA. Sure, some of them seem to start out with good intentions, but in the end almost all of them end up in the toilet.

That doesn't mean there aren't trading opportunities, but the big losers are usually the new investors who think of these stocks as true long-term investments, instead of the gambles that they are.