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Author Topic: ANYONE OWN SCAM.BS?
PennyFOOL
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How bout' a listing of companies that are most likely to cause the average investor nights of lost sleep, and hundreds or even thousands of dollars.

My first two candidates are: CESY & PCCL


Posts: 33 | From: Bloomington, MN | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
Bob Frey
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Most everyone who trades pennies for a while has.

Think my first was TIRE

[This message has been edited by Bob Frey (edited February 25, 2004).]


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Special J
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GBMI
Posts: 254 | From: Indiana | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
BigRedBull
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CTKH PCRC ADVC

[This message has been edited by BigRedBull (edited February 26, 2004).]


Posts: 45 | From: Charleston SC USA | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
r.douglas
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SRKS, thanks to S U B W A Y . C O M.

more the the suckway....com


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RestStop
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cmkm
Posts: 212 | From: noplace | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
cdrj1
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CYTP. I lost half of my portfolio here. I do not recommend it.
Posts: 85 | From: Orlando, Fl, US | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
glassman
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FRTE last fall anyway--LOL--it may be worth watching now---
i try to forget this stuff ASAP----it's hard enuff to remember all the ones to watch--LOL

subway is paid PR machine---read it as-- we are trying to get your attention here--tapdancing as fast as we can-- some will move on it --LOL



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tacamo
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MPTT and MEMI.....They're still in my portfolio to remind myself to be careful.
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GeckoVision
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quote:
Originally posted by tacamo:
MPTT and MEMI.....They're still in my portfolio to remind myself to be careful.


you arent the only one with mircale entertainment, value 1 cent


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Upside
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GWDL is looking like it might earn a spot on the list.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
GHOST
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KMRTQ
Where my vacation money went when I started
playing. Still in my account to remind me if any company talks bankruptcy - BAIL -
NEVER DID GET A VACATION!!

Posts: 146 | From: FLOATING | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
Marcidius
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YES GWDL for sure!

ALSO do not forget freakin TRBD!!! HOLY crap of a cow that thing was and is....eeeeps!


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al68
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2 that got me were abizq and vgenq before
they got their Q's.

al


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bjay22
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GBMI - I just had one of my best trading days in over a year and bought it when it was still over a penny because I thought it was good for a quick in/out play. I also did not check it out thoroughly. It cost me a hard lesson. In one day it wiped out all my previous profits and then some.

[This message has been edited by bjay22 (edited February 26, 2004).]


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Rics1997
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Everyone really should avoid stocks that end in a Q with passion. Stocks given a "q" at the end example (EXDTQ) are in some form of bankruptcy or some form of reorganization. And 99.9999% of the time the stock will become worthless at the end of the reorganization.

------------------
If I could change my streamers background color to red, it look like I didn't own any stock.


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jgoldsbe
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I think this thread serves well as a cold hearted reminder: Don't chase a stock.

I've got burn stories from several.

JEG


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glassman
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I have been burned on the BIG BOARDS as well as the pennies--the pennies have been an INCREDIBLE education for me--they are much more transparent to me because they are suspect to begin with--i have developed a much more critical eye here---i think that there are fewer(%age wise) scams in the bigs--- but they are MUCH more sophisticated--the oppurtunities for PROFITS are much higher in the pennies---so refine your techniques DAILY and SHARE your suspicions --we can try to answer the issues together much more effectively----


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PennyFOOL
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Good post, glassman! I concur wholeheartedly.
My "education" came from the BIG BOARDS starting in March 2000. What a great time to start dumping money into the markets.
I remember reading an article in a popular financial magazine about several companies that were going to change the world. Metromedia Fiber Networks (MFNX)was one of them. I took the bait and rode a nice chunk of shares right into bankruptcy.

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glassman
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GLOBAL CROSSING--I bailed as soon as i saw that they had placed and installed more than ten time the optic fiber needed for the NEXT ten years---but it was a very good ride----i got burned the most buying into stocks reccommended by a broker that i was PAYING 200$ PER TRADE TO(400$ round trip)---NO LOL---big house--i thought i was getting something for the money__LOL
i was-- and it did not include KY--LOL

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hascal
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GOING TO TELL YOU SOMETHING 90% OF THE STOCKS YOU SEE POSTED HERE ON THESE THREADS YOU WILL LOSE MONEY ON UNLESS YOU GET IN WHEN THE NEWS FIRST BREAKS AN OUT WITH ANY PROFIT YOU CAN THE FIRST DAY = THE LAST TIME I SAW WHAT I`M SEEING IN THE LAST THREE WEEKS WITH THE OVERALL MARKET SHE WENT DOWN TO 7600 = IF YOU HAVN`T NOTICED THE MM`S ARE CASHING IN EVERY THING RIGHT NOW TAKING THE MONEY OFF THE TABLE NO MATTER IF THE PR`S ARE GOOD ARE BAD THE STOCKS JUST KEEP DRIFTING DOWN I HAVE 15 STOCKS ON THE THREADS LISTED HERE AND EVERY ONE OF THEM IS GETTING HIT AND GOING DOWN = LOST ALL THE GAINS FOR THE LAST THREE MONTHS = AT LEAST BACK TO EVEN AND NOT NEGATIVE YET ANY WAY = THINK MAY BE TIME TO SIT ON THE SIDELINE =
Posts: 18 | From: cornelia ga | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
glassman
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Won't argue that with you--Gspan thinks different tho-------
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hascal
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GLASSMAN I JUST WHICH SOMEONE IN POLITICS WHOULD STAND UP AND SAY QUICK STEALING ALL THE MONEY FROM SOCIAL SECURITY AND GIVING IT AWAY TO EVERY TOM -- DICK AND HARRY WHO HOLD THERE HAND OUT BESIDES THE WASTE = THE DOW WOULD ZIP THOUGH 11,000 . JUST LOOKS TO ME IN THE LAST FEW YEARS THE MM`S AND BROKERS HAVE SO MUCH MONEY THEY CAN MOVE THE DOW AS THEY WANT = SUCKING IN THE LITTLE GUY ON THE WAY UP THEN DUMPING THE MARKET AND DOING IT OVER AGAIN == HARD TO ALWAYS BE TRADING THEIR WAY = OH WELL ENOUGH SAID =
Posts: 18 | From: cornelia ga | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
GHOST
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hascal:
If a fund Manager steals your
IRA people are in a up roar.
In my eyes the Social Security
issue is no different than a fund manager
stealing your money.
I have to run. Take care!
Ghost

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glassman
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The Soc Sec issue is very clear--If you were born AFTER 1958--there isn't likely to be ANY for you---it is because the average pesron who contributes to SS receives ALL of the money back with INTEREST(LOW) in three to five years---My figures are now a few years old---it may be different now but not a lot----SS was designed on the top of a pyramid---look at th back of your dollar bill---the base of the pyramid is no longer growing---I was born in the last year of the baby boom 1960-(some say 1963 was the last year)--1963 was the last year before the PILL became available legally---- this situation was predicted BEFORE the pill was ever released---the powers that be have been asleep at the wheel---I am not making any type of statemnets against the PILL---i am just trying to figure out how to invest -----I have worked hard all of my life and expect to till i am ready to move on -----if/when i hit it big--i will be starting a school for glassart and possibly blacksmithing and ceramics that is not JUST for RICH KIDS--LOL----
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