chibobski84
Registered Member
- Apr 17, 2009
- 60
- 25
Hi, this thread is a question.
Do you guys invest in pennystock?
Do you guys invest in pennystock?
I do not invest in pennystocks,i short sell them.
Short selling pennystocks under 6-7$ for now.Most of those companies need money,so anticipating or knowing when the pumps will begin or when a celebrity promotes pennystocks in new highs and then short sell like a boss.Goal set to make 50c to 1$ a share.
For ultimate kick i check on yahoo finance 40-50%+ gainers per day,but also pay attention to 5-10% gainers per day,volume around 200k to 1 million.And i just follow those companies,making sure they are NASDAQ(most liquid for penny) or AMEX(not so liquid,big spreads) not NYSE because those are the real companies.Curently have 1-2k to burn so trading 1 or 2 times per month or two,waiting for perfect play.Looking mostly for good management,bad products,and if possible bad balance sheets companies.
Do you want a free signal from me for next week?
Just something that I thought could help you out a little.
Sure and if i lose any money it you pay me my losses back? You need to be the one giving out the signals not trading on them!