Replies to post #9099 on Dump The Pump

[Buckey]

get in get out - dont taker her number and dont callher again. these are flips not new girlfriends they generally only run one day because they are scams

here sums it up.

All stocks are shit All stocks are shit All stocks are shit The sooner you realise this the sooner you will be able to trade properly. Got a losing position? That stock was a piece of shit. Dump it. Got a winning position? Amazing such a piece of shit could run, sell it. The market is all about buying and selling. If you aren't selling you aren't making money. , March 25, 2000

www.siliconinvestor.com/stocktalk/msg.gsp?msgid=13282288

[Slojab]

In a nutshell, Eddie, you're in way over your head investing in Pinks.

Sure, volume is important. But you have to know where the volume is coming from and why it's coming into a stock. That's where you are lost.

The Pinksheets were established to save fledgling companies from the cost of being reporting companies. Like everything, it was seized upon by greedy people who took advantage of it by bringing forth scams and those that would pray on the gullible who invest in them.

PSC is a joke of a pump site. Most paid services are.

ECGR is as we've discussed here. A questionable company that was picked by the OPAD crew to run for their own gain. Check the One Play A Day board, read the Ibox and come to your own conclusion as to whether what they do is ethical. And be thankful you didn't buy ECGR!

Your posts on this board won't be deleted if you post in harmony of what the board is about. We're the Dump board. Not the Pump board.

Rethink your strategy of paying for college by investing in the Pinks, ok? At least try some imaginary trades first to see how you'd do. I can't tell you the number of really sad stories I've heard from people who've lost way more money here than they can afford to.

And that's why this board was created. Not to help you make money. But to help you not lose it.

[Risicare]

The only people who make money on penny stocks are the promoters , the penny stock scammers and the professional traders. You are basically a naive minnow in a shark tank here, much, much more so than in big board stocks.
Your chances of making any money are slim to almost none. You would be better off going to a casino as at least the games are not rigged.

Trading these stocks you must understand and or be able to
cut losses
have proper position sizing
know sentiment
not believe any hype
have a set plan
follow the plan
have an edge.
knowledge of behavioral finance

If you do not have these things you have already lost every penny.



edit - and what Buckey said, Wayne R's mantra is true as can be

[Stock]

People that post about trading sub-penny stocks all day long don't post their losing trades; they only post about their winning ones.

IF you are putting ALL of your brokerage assets into buying and selling sub-penny stocks, and ESPECIALLY if you are actually holding them overnight, THERE IS A VERY GOOD CHANCE YOU WILL LOSE ALL YOUR MONEY YOU PUT IN THESE STOCKS.

You may have a good trade every once in a while intraday. That's great. TAKE THE PROFIT.

You may buy some turd really low, and one day, some internet goofball comes along and tells the world it's a great buy, there are a thousand posts on a message board about that ticker, and you have a chance to get out of that turd. TAKE THE PROFIT (or take the loss if you have to).

SHORT TERM GAINS ARE GREAT. But eventually, if you continue to pursue the strategy of HOLDING SUB-PENNY STOCKS, YOU WILL LOSE. IT IS INEVITABLE.

If you are unable to reproduce the results of some internet troll that posts non-stop about sub-penny stocks, you are early in the process of LEARNING the TRUTH.

DISCOVER THE TRUTH BY NOT LOSING EVERY DIME YOU HAVE, and listen to that little voice inside you that tells you that there is an element of truth in this post. AND MAKE YOUR OWN DECISIONS.

ON THE OTHER HAND, it has been said that losing EVERYTHING can be a good teacher in life. If this is the path you choose, you will need HELP you can't obtain from posters on iHub. This is a difficult truth.

I hope those of you reading this are not pursuing this path.

Trade with your brain, not with your emotions. Choose wisely.

[littlefish]

eddie, try the VMC board on I-Hub (if it is OK to mention them on this board to address Eddie's thoughts).

http://investorshub.advfn.com/boards/board.aspx?board_id=3251

They are fundamental research mostly, not technicals 9like volume you mentioned is technical).

Unfortunately, as 'free members' we can't post on that board but can on the VMC Zip Code Changers board.

They do a good job of filtering out SOME of the scammy stuff (some still seeps in but there's a pretty kowledgeable crew there to find 'red flags', i.e. signs a company has problems).
Plus you can ask questions on the Zip board and don't worry aboout them being 'dumb'. You are trying to learn so all questions are good.

I personally like this particular board even though I rarely post on it because for every 'warning' post you get on a 'stock', you will probably get 100 promoters.
This place doesn't have the promoter crowd so much so you are getting an opinion where the posters often have no financial gain from what they say so IMO this makes it more honest to what the poster actually feels/thinks.

Good luck.

PS- on a dump note: check out the P2O processor photo guys (2nd to last photo)!

http://www.snapniagarafalls.com/index.php?option=com_sngevents&id[]=142556


Do you guys see all that thin white sheet metal-looking material that looks almost stapled together with rivets? All the dents and wrinkles?

Dear gawd, aren't there gases being released inside there wit hthe process?

I sure do hope they have some inner lining that is completely air tight underneath that thin sheet metal stuff. That white sheet metal looks like I could put my fist thru it with no effort.


All IMO only.
Edited the link, thanx I'm working off little sleep... :-)
Good luck.