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Do you guys invest in pennystocks?

Discussion in 'Making Money' started by chibobski84, Jan 30, 2013.

  1. chibobski84

    chibobski84 Registered Member

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    Hi, this thread is a question.

    Do you guys invest in pennystock?
     
  2. twistedtrick

    twistedtrick Power Member

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    One time I was taking a look at popular penny stock websites and checking the robots.txt and eventually found one that had blocked /admin/ from being crawled, so intrigued I took a look and to my surprise it was some sort of backend system I don't recall that queued the e-mail blasts that were sent out to both the paid and free subscribers every few days. I used what I found to buy the stocks that were going to be pumped soon and then sold them the morning after the e-mails were blasted out! I only made $xxx because I was in college as a full-time student then (this was 2009) and frankly penny stocks still scare me with all of the risks and low liquidity and pumps etc...but it was a very interesting experience nonetheless.
    After a few months a login screen started popping up on /admin/ though which is when I stopped having anything to do with penny stocks.
     
  3. chibobski84

    chibobski84 Registered Member

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    I want to venture in the pennystock or pink sheet. But most or all brokers need US residency to trade this stock (I think so),

    I can provide you the signal, one is coming up next week. You can trade with my signal. All I need is a portion of 40% profit.

    Example of signal

    Stock XXXX : 0.0007 (buy) and sell at (currently at) 0.0028

    $100 with 142857 unit and sold at $399 gross

    (I think so, the calculations + - )
     
  4. DeusEx

    DeusEx Newbie

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    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.
     
    • Thanks Thanks x 1
    Last edited: Feb 1, 2013
  5. chibobski84

    chibobski84 Registered Member

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    Do you want a free signal from me for next week?

    Just something that I thought could help you out a little.
     
  6. boogie1881

    boogie1881 Newbie

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    I invest in Pennystock.
    what signal do you have?
    can you IM me?
     
  7. weepingwillow

    weepingwillow Junior Member

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    i made a lot of money 2005-2007 pumping then dumping these suckers....it's the only way to make money in them. I might do it again one day.
     
  8. weepingwillow

    weepingwillow Junior Member

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    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!

     
  9. back2form

    back2form Jr. VIP Jr. VIP Premium Member

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    I don't invest on anything after reading chailak thread - lol :)

    Btw, I don't really invest on pennystocks.

    Thanks,
    Bart
     
  10. chibobski84

    chibobski84 Registered Member

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    Actually its up to you if you want trade with the signal given. If you don't want to, its totally fine.
     
  11. chibobski84

    chibobski84 Registered Member

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    I have the signal with me. anyone interested (its free)
     
  12. NadiHassan

    NadiHassan Registered Member

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    I currently invest in penny stocks - pretty risky and mainly a day traders game. For the guy mentioning signals I would be willing to buy / share signals if anyone here can leak them from the big promoters