Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » General Investing Topics » for the newbies

 - UBBFriend: Email this page to someone!    
Author Topic: for the newbies
Tmoney
Member


Rate Member
Icon 3 posted      Profile for Tmoney     Send New Private Message       Edit/Delete Post   Reply With Quote 
hey guys i was thinking, it is every newbies dream that we will become millionaires from playing penny stocks, the dream of buying in at .0001 and watching that soar to an unbelievable amount and in return we just became millionaires overnight, but what i was wondering is does this ever happen, i know to make money you get in and get out, but my question is/// HOW OFTEN DOES A "MILLIONAIRE" STOCK COME ALONG?

--------------------
a little at a time turns a penny to a dime!

IP: Logged | Report this post to a Moderator
imakmony2005
unregistered


Icon 1 posted            Edit/Delete Post   Reply With Quote 
play big win big.
IP: Logged | Report this post to a Moderator
gnulnx
Member


Member Rated:
4
Icon 1 posted      Profile for gnulnx     Send New Private Message       Edit/Delete Post   Reply With Quote 
Once in a lifetime if you buy PBLS...but it's already at 3 cents.

--------------------
Your add here.

IP: Logged | Report this post to a Moderator
Tmoney
Member


Rate Member
Icon 1 posted      Profile for Tmoney     Send New Private Message       Edit/Delete Post   Reply With Quote 
is it a reality? has anyone had this experience, i dont want to know of stocks that you could have been rich off of, i want to hear of real examples, a testimony, of what really happened, not what if, or if i had stayed long enough, cause on the board we look at you guys as veterans and knowledgable and been doing it for awhile, we do our DD to the best of our ability for what we know how to do, and i love doing this and would love to do it full time one day, but is it a reality, can you truly become rich even in time, not neccesarily overnight, or is it to risky and just a dream?

--------------------
a little at a time turns a penny to a dime!

IP: Logged | Report this post to a Moderator
10of13
Member


Icon 1 posted      Profile for 10of13     Send New Private Message       Edit/Delete Post   Reply With Quote 
Tmoney...It is more than "unlikely" that this would happen...and you are liable to loose what you put in...why don't you try looking' up stocks that have run the way that you want it to...it might be very difficult to find...be wise and be careful...

--------------------
#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

IP: Logged | Report this post to a Moderator
vinnie1
Member


Rate Member
Icon 1 posted      Profile for vinnie1     Send New Private Message       Edit/Delete Post   Reply With Quote 
9 out of 10 people lose
IP: Logged | Report this post to a Moderator
T e x
Member


Icon 1 posted      Profile for T e x     Send New Private Message       Edit/Delete Post   Reply With Quote 
"it is every newbies dream that we will become millionaires from playing penny stocks,"

in a word?

ridiculous...

Some newbies may indeed foster such notions; however, after trading a while, reality sets in...

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

IP: Logged | Report this post to a Moderator
Stealth
Member


Member Rated:
4
Icon 1 posted      Profile for Stealth     Send New Private Message       Edit/Delete Post   Reply With Quote 
this is exactly the reason why they are called the lotto play...

to answer some of your questions, it is of course possible to do so as you have seen stocks that have done it in the past, so it is a reality, you can become that rich over a period of time, it isn't just a dream if these kind of stocks do exist.

It is very risky of course and hence why they are called lotto play, you should understand why the hell they are trading at .0001 a share.

Also, because you are here for profits, when you do see your stocks going up and up like a 10x baggers already, would you not sell it and take the profit? it is extremly difficult to stay and wait for 100x return, when nobody can predict the future, who knows if they will become 100x baggers, or would they simply fall back down to .0001? and that you will keep hitting yourself for being too bloody greedy and didn't take the 10x profits.

And because of that, and the fact that you can't really predict the future (unless u are insider trading or something), the only option is buy these lotto play now, and never look at it again for say 5-10 years, look at it again only then, and maybe u have already become a millionaire.

IP: Logged | Report this post to a Moderator
Purl Gurl
Member


Rate Member
Icon 1 posted      Profile for Purl Gurl         Edit/Delete Post   Reply With Quote 
"HOW OFTEN DOES A "MILLIONAIRE" STOCK COME ALONG?"

Never.

Stock markets are not a game, not a gamble,
not a lottery ticket. Stock markets are a
full time job requiring significant amounts
of hard work.

Stock market rewards are directly proportionate
to the amount of work invested.

Purl Gurl

IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share