Stock Help

TheSource

Senior member
Nov 20, 2003
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I was watching an infomercial on TV about trading stocks that were like 10, 20, 30 etc. cents a peice. Amd I was thinkin it would be fun to trade those kind and make money like that. Is there any place I can learn about working with those kinds of stocks specifically.
 

alien42

Lifer
Nov 28, 2004
12,887
3,316
136
welcome to the world of the otc and pink sheets. yes a lot of money can be made, but more often then not you will lose your shorts. i actively trade 'penny stocks' and would not necessarily recommend anyone else do it, lol.
 

DaveSimmons

Elite Member
Aug 12, 2001
40,730
670
126
Originally posted by: TheSource
infomercial on TV about trading stocks
Reason enough NOT to do it.

If what they are teaching works, why are they trying to make money selling their magic system instead of using their magic system themselves?

Answer: because it doesm't work reliably, you're still gambling. If they list testimonials, remember that people win in Vegas too.

You need a lot of money to make money trading stocks, and there is a lot of risk. The only relatively safe stock investments are to buy and hold good mutual funds for many years.