Home > Boards > Stock Clubs > Short-Term > 10-Baggas Effect

Penny stocks are lotto tickets!!!

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
The_Pink_Lawyer Member Profile
Followed By 1,134
Posts 32,023
Boards Moderated 4
Alias Born 08/08/05
160x600 placeholder
The_Pink_Lawyer   Monday, 02/20/12 11:23:39 AM
Re: The_Pink_Lawyer post# 1
Post # of 31 
Penny stocks are lotto tickets!!!

DON'T put ANY and I mean ANY money into a penny stock (pink sheets and/or OTC) unless you are willing, able, prepared and expect to lose every penny of it!!!!!!!!!! DO have a friggin clue about what you are doing!!!

DON'T do (or not do) or trade or invest or ANYTHING based upon what someone else says or does!!!! DO whatever YOU want to do because the consequences are all yours!!!

DON'T misunderestimate how much money you can lose!!!! DO only play with lotto money you fully expect to lose (repeat of the first paragraph but worth repeating)!!!!

So why play penny stocks at all??? Does everyone lose????? Well, all people lose some of the time, some people lose all the time, but if you are like most penny stock traders (such as TPL) you win some and lose some but you try to make more than you lose. Rocket science you say????????????? Yip I know its a difficult concept but it boils down to finding a good stock, i.e., lotto ticket, managing your risk, i.e., don't risk more than you are willing/able/expect to lose, and hope for a winner. HOPE???? Yip HOPE. Its all a crapshoot down here!! Winners or Losers??? Its up to you and on you.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences