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Has anyone on this site ever really made any money to speak of over the years investing in penny stocks and how much?
Posts: 30 | From: Philadelphia | Registered: Sep 2005
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I find that I am smart enough to make good money but the MM's seem to like my penny holdings and are using my stocks to make money for themselves. Just caught them agains yesterday and I am in the process of bringing this to light and going thru the proper channels to get my $50,000.00 I should have made back. This is the sin of all sins!!! This is the fourteenth time and I hold allthe necessary evidence. I won't give up until it is exposed and I mean E-X-P-O-S-E-D!!
Posts: 188 | From: MISSOURI | Registered: Jul 2005
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Doubt you will get numbers from anyone who is a serious trader.
I'll just say my account has grown to the point where I can take some out here and there.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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A final judgement day is coming! Hang on because everything will be reversed at that time and thinking they were wise became fools. My true investment is in eternity and where I am headed!
Posts: 188 | From: MISSOURI | Registered: Jul 2005
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You chasing windmills again Don Quixote? Or have you become a Revelationist? I can't tell.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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The greedy never make money because they are looking for the ONE stock that will make them rich. I'm ahead at this point in time. I would be much further ahead if I stuck to my plan, which is to take profit no matter what but I like many others look for the mother lode.
More money can be made on the penny stocks than can be made on the bigger markets if you throw greed out the window and look for acceptable profits.
25% is not that difficult on penny stocks if you play them properly. The problem always comes in when you hold for the 500% plus profit. Set your limits whether they are for profit or loss and you will do well.
If anyone tells you how much they have made take it with a BIG grain of salt.
Know where to exit when you get in and you will do pretty well.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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I have been able to turn 2700 into 4600 from flipping. Hoping BKMP really propels me into being able to trade more and more smaller consistant gains. My goal is to be able to trade with $2500 lots and make 20% here and there. Not bad for a poor 20 year old student .
Posts: 249 | From: PA | Registered: Feb 2006
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