![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, July 18, 2012 12:59:27 PM
These people will come in thinking that they can buy a cheap penny stock and overnight it will zoom to dollars and will be rich, rich, rich!! And when it does start to move and folks on this or any other forum get excited and start talking it up, they think it is good. Then reality sets in and the stock rolls over and heads south. Not slowly either, like a hot knife through butter!!
All to often I see people one day all giddy because the stock moved up 20% to 50%, and the next day shoot right back down to the low of the week or lower. Then they start bashing it because it didn't keep going, and why didn't someone on the forum tell me, blah blah blah. I would even venture a guess that there are those that think just because there are people pumping the stock on the website, that the stock has to rise. Like this website is the master controller of the stocks price!!! LOL, and have another dubby hit!!
There are those that think charts can't work on these kind of stocks. I respectfully disagree, and have made $ when it was going up, got out when the signs pointed to a possible turn southward. Sometimes I have left a few ticks on the top, but I did not get caught in the mad dash to escape as it plummeted back to earth.
So to answer your question, yes, they are here, tin foil and all, as well as over populated in Washington DC. But that is another discussion for another forum!!
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM