Replies to post #23080 on Extreme Motorsports of California (EMOC)

[upndwninnout]

Good luck Kgeezy, micro companies need to sell shares to survive, until they have enough income. This leads to big downturns and volatility that experienced traders like to use for big percentage gains. You are really gambling with your $500 if you do not know the dynamics. Your questions about the stock market would lead any reasonable person to advise you to not invest in non reporting pink sheet companies. When you ask penny investors if it is a good idea, most will tell you to buy an ETF (Exchange Traded Fund) or a mutual fund. What else should they say, get out the credit cards and go long?

Good luck and welcome aboard,
Up

[mc6102]

If that is true, and you put $500 in ETMO already, you may want to paper trade the rest of your penny picks until you figure out whats going on, read the posts on the boards and get yourself an L2.... unless you have money you would like to flush down the toilet (in which case you can just donate it to me if you like, lol).

Read the boards and follow the people who you think know stuff around (member mark them)

Happy Birthday.