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Re: Smallville post# 2231

Thursday, 05/16/2013 8:01:12 AM

Thursday, May 16, 2013 8:01:12 AM

Post# of 82575
As a short biased trader of promoted OTC stocks, I can confirm that it requires a lot of study and hard work. Borrows are very difficult to find. Although promoted stocks always "revert to the mean", there is huge risk in being squeezed.
The penny stock world attracts those trying to get rich quickly with little or no effort. There is lots of money to be made selling tools and services to these kinds of people. Tim Sykes was written up in Forbes because of his marketing techniques, not because of his trading strategies.

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