yeah, about that... I hope you arent playing with your "life savings" here... Penny stocks take a lot of trial and error and you will lose more often than you win regardless of how good a play may look. There is no such thing as a sure thing and even when there is literally no reason for the price of a company to be so low, that doesn't mean that the situation will correct itself. This is a market, it goes up and down and as far as stocks are concerned you are playing by far the MOST dangerous game there is with pennies/sub-pennies. I have seen folks make tens of thousands of dollars and lose it ALL in a matter of minutes. You won't find many plays better than this one out there as this is about as "safe" as it gets.
99% of stocks down here are fake, scams, inactive, b/s, or otherwise the worst decision in the investing world without good trading tools, lots of time, and lots of experience.
.08% are good plays that you must watch on a constant basis to make sure nothing goes wrong and that you flip at the right time
.02% are about as sure of anything you can get which is where ZLUS is right now. Problem is, stocks in this category take between one second and one year to play out, it all depends on the success of the company and how many people are watching. This is the only category I feel I can play without having to sit at my desk all day and watch the ticker.
You can NOT afford to be emotional in this game. You WILL lose money that cannot be made back. You WONT ever have a guarantee of profits. The second you get mad at something and sell off, you will be kicking yourself the next day when it goes up 1000%. The second you hold on to a stock because there isn't possibly a thing that could go wrong and the company promised rainbows and unicorns, you will be kicking yourself the next day when it is suspended because the company is actually fake.
I'm not saying stay invested here, I'm saying you're off to a bad start with you're attitude. When I first started out, I lost thousands, literally. After a while I started to get used to market patterns, charts, and different plays, but the thing I found most helpful was stalking the successful members around. These are the people who have been doing this for a long time. Many have their own boards where they post their plays and their DD for all to see and follow, some hardly say anything at all but when they do, you can be sure it will win.
Don't let your emotions get the best of you because playing this market is like playing a casino, the house always wins unless you know how to count the cards. When you know what to look for, you can start to make money and nobody will kick you out. Until then, they will take everything you have.
just some food for thought, anyone else agree/disagree?
I also thought you had to be at least 18 years old to open a brokerage account...?
Anything posted above, unless source cited, is only my opinion.
AI
