No one is buying much because lost all their money into this bullish game of making more money. It's not investment at all, it pooling your money into one spot so that one that sell first at its highest price make the most money. Most of what going on with stock is kept secret, and most believes what the media tells them. You're all got bought and have to sell at a much lower price. Well I own more then half the share of a penny stock and I did not own the company like the media says, get real! I sold it back in just 2 day and lost 20 percent of what I invested in it. Why I lost? First after I bought it dropped a little, want to sell dropped it even further. Then I ask, where did my money go? Haha it went to them and other buyer who want to buy at a lower price either way we're all screwed. Money obviously don't grow, it just passed from one person to another. If you believe that investing in say AMD help amd to make more money or even at all then continue to hold it and hope for the the best, this is where most of us LOST in the long run. The truth of the matter is, only buyer bump up the price of the stock. The funny thing is, the one that profit from stock called this dumb money obviously is because we have been lied to and are so easy to brainwash. Let say I have alot of money and suddently lost it all and can't afford to buy much or even at all, it has to goes somewhere right? It did't just went the drain. Took it all away stash it away in a bank account, your hard earned money is easy for them it not fair period. They may have most of my parent and relative money but they are not going to get away with it. In short, great for a few that profit but the majority are suffering heavy losses. so I am thinking of a plan to reverse all these or put a stop to it. Until we are all educated and accepted the truth this will go on indefinitelly and worse can only get worser. I can never sleep, it like they all taken our income away because of their marketing HYPE.
Stocks is bad for the economy
- Thread starter PC166
- Start date
So, how much did you lose?
I think you've got speculation and investing confused :Q
If you (think you) know enough about a company and have faith in what they're doing, then why not buy some shares from others who've lost faith in the companies?
I'm not sure how much you can know about a penny-stock company...let alone having faith...
I think you've got speculation and investing confused :Q
If you (think you) know enough about a company and have faith in what they're doing, then why not buy some shares from others who've lost faith in the companies?
I'm not sure how much you can know about a penny-stock company...let alone having faith...
Wow, this IS hot!! Is this B & M only, or online, too?
Good catch, fr, I didn't notice there was a grammatical error in this post.
Thanks for the eloquent and poignant post, pc166, look forward to more from you!
-tslugmo
Good catch, fr, I didn't notice there was a grammatical error in this post.
Thanks for the eloquent and poignant post, pc166, look forward to more from you!
-tslugmo
Stocks are a risk - you took one and you lost money on it. That's why it's called a risk. If it was a sure thing everyone would be doing it. Stop whining about something you obviously had no idea what the hell you were doing. You didn't know what stocks to buy and suddenly it's bad for the economy.
Whow...Are you the same guy who pipe bombs in mail boxes recently? And dude this is the hot deals fourm, not the Wacko fourm.
No offense, but I think I'll trust my broker over someone who can't type a coherent grammatically correct post. Secondly, this isn't a hot deal, you'd get better and easier to understand stock tips on cnnfn's site, for Christ's sake.
<< Well I own more then half the share of a penny stock and I did not own the company like the media says, get real! I sold it back in just 2 day and lost 20 percent of what I invested in it. >>
Mistake 1: When you buy penny stocks, you get what you pay for.
Mistake 2: Getting frustrated and "puking" the stock just to get some of your initial investment back.
<< The truth of the matter is, only buyer bump up the price of the stock. >>
Actually, the price of the stock is bumped up through careful (and oft times illegal) outside manipulation of the total allowable shares by ultra-huge brokerage houses, be it from their personal shares in the company or "encouraging" their brokers to get their clients to buy/sell short a specific stock.
<< They may have most of my parent and relative money but they are not going to get away with it. >>
You think you're the only person whose been screwed by this market? Why don't you find some 65 year olds (or even 35 year olds) whose 401(k)s are now worthless due to some financial firm dickering with Quarterlies? At least you still have a good deal of your life ahead of you. Some of these people are now working menial jobs at 65 to pay for medical expenses and the basic necessities.
<< I can never sleep, it like they all taken our income away because of their marketing HYPE. >>
*sigh* Never buy stock based on hype. Example: you hear nVidia is coming out with a new chip from a friend who read it a week ago on a hardware site. You, as the novice investor, think this is great news and fire up Ameritrade. Little do you know that while your friend read it as new news on a hardware site a week ago, the market has known about it for nearly a month and its introduction has already been factored into the stock price. Making a superior product is one thing, saturating the market with them is another.
Now, let's analyze how you CAN make money off a press release. Example: nVidia releases their GF4 Ti4200 chip a week and a half from today (sheer speculation). After about three weeks, a massive OEM like Dell observes a rather large amount of consumers are buying add-in boards (specifically the 128MB boards), and outfitting their computers with them. After contacting several OEM card makers (Visiontek, PNY, Asus, etc.) for sample boards to test for compatibility, a month later they put in a HUGE order to the one that offered the lowest price per unit cost and make them the standard cards on their mid-and-high-end machines, while at the same time reducing their chips purchased from ATi. This is called a design win, and it is EVERYTHING in the highly volatile semiconductors market.
So do your homework. Don't invest your money in penny stocks. Your best bet as a novice is to just sink your money into a mutual fund that's linked to the Standard and Poors 500 index. It's a helluva lot safer and you won't lose your life savings doing it, either.
Oh yeah, the dotcom era is dead. There's no such thing as a quick buck in the stock market anymore unless you're willing to go to jail for it - it's like we're back in the 80s, only Reagan was a better President than Bush Jr.
<< Well I own more then half the share of a penny stock and I did not own the company like the media says, get real! I sold it back in just 2 day and lost 20 percent of what I invested in it. >>
Mistake 1: When you buy penny stocks, you get what you pay for.
Mistake 2: Getting frustrated and "puking" the stock just to get some of your initial investment back.
<< The truth of the matter is, only buyer bump up the price of the stock. >>
Actually, the price of the stock is bumped up through careful (and oft times illegal) outside manipulation of the total allowable shares by ultra-huge brokerage houses, be it from their personal shares in the company or "encouraging" their brokers to get their clients to buy/sell short a specific stock.
<< They may have most of my parent and relative money but they are not going to get away with it. >>
You think you're the only person whose been screwed by this market? Why don't you find some 65 year olds (or even 35 year olds) whose 401(k)s are now worthless due to some financial firm dickering with Quarterlies? At least you still have a good deal of your life ahead of you. Some of these people are now working menial jobs at 65 to pay for medical expenses and the basic necessities.
<< I can never sleep, it like they all taken our income away because of their marketing HYPE. >>
*sigh* Never buy stock based on hype. Example: you hear nVidia is coming out with a new chip from a friend who read it a week ago on a hardware site. You, as the novice investor, think this is great news and fire up Ameritrade. Little do you know that while your friend read it as new news on a hardware site a week ago, the market has known about it for nearly a month and its introduction has already been factored into the stock price. Making a superior product is one thing, saturating the market with them is another.
Now, let's analyze how you CAN make money off a press release. Example: nVidia releases their GF4 Ti4200 chip a week and a half from today (sheer speculation). After about three weeks, a massive OEM like Dell observes a rather large amount of consumers are buying add-in boards (specifically the 128MB boards), and outfitting their computers with them. After contacting several OEM card makers (Visiontek, PNY, Asus, etc.) for sample boards to test for compatibility, a month later they put in a HUGE order to the one that offered the lowest price per unit cost and make them the standard cards on their mid-and-high-end machines, while at the same time reducing their chips purchased from ATi. This is called a design win, and it is EVERYTHING in the highly volatile semiconductors market.
So do your homework. Don't invest your money in penny stocks. Your best bet as a novice is to just sink your money into a mutual fund that's linked to the Standard and Poors 500 index. It's a helluva lot safer and you won't lose your life savings doing it, either.
Oh yeah, the dotcom era is dead. There's no such thing as a quick buck in the stock market anymore unless you're willing to go to jail for it - it's like we're back in the 80s, only Reagan was a better President than Bush Jr.
Nowadays It's traders' market. Follow MM.
If your timeframe is more than a year or two, you'll be fine.
If you trade, always set your stop.
Always do your own DD.
Never believe those talking heads on CNBC.
Just my $0.02.
If your timeframe is more than a year or two, you'll be fine.
If you trade, always set your stop.
Always do your own DD.
Never believe those talking heads on CNBC.
Just my $0.02.
Yeah, don't ever listen to CNBC. I remember screaming at the television back when the Dow FIRST broke 10,000 with the pundits screaming "20,000 BY 2000!" Then those same people coming on a year later saying to expect it to drop to 5,000 again.
A swiss probabilities expert once did an experiment where he threw a dart at a corkboard which had the WSJ tacked to it. He made a 15% return that year by simple chance. That goes to show you that even jerks with MBAs and Doctorates from the Harvard School of Business still don't know what the hell they're talking about for the most part....as someone stated with the "DD" comment, do your own Due Diligence - never let OTHERS manage your money for you - ESPECIALLY brokers. If you work with a broker, DO NOT give him any reign over your account, young pricks aren't paid extraordinarily well and often manipulate accounts for quick commission fee cash.
Despite what Greenspan and Bush are saying, I still see this recession going on for at least another six months to a year - my STOCK TIP FOR THE DAY: BUY PHILIP MORRIS (or Altria is what I think they're called now), because during recessions, more people start smoking and drinking - PM owns most of the tobacco industry plus Miller beers - YOU CAN'T LOSE. As long as the country is a depressing place to be in, tobacco and liquor stocks are a safe investment. And for the morbid, gun and bullet stocks.
A swiss probabilities expert once did an experiment where he threw a dart at a corkboard which had the WSJ tacked to it. He made a 15% return that year by simple chance. That goes to show you that even jerks with MBAs and Doctorates from the Harvard School of Business still don't know what the hell they're talking about for the most part....as someone stated with the "DD" comment, do your own Due Diligence - never let OTHERS manage your money for you - ESPECIALLY brokers. If you work with a broker, DO NOT give him any reign over your account, young pricks aren't paid extraordinarily well and often manipulate accounts for quick commission fee cash.
Despite what Greenspan and Bush are saying, I still see this recession going on for at least another six months to a year - my STOCK TIP FOR THE DAY: BUY PHILIP MORRIS (or Altria is what I think they're called now), because during recessions, more people start smoking and drinking - PM owns most of the tobacco industry plus Miller beers - YOU CAN'T LOSE. As long as the country is a depressing place to be in, tobacco and liquor stocks are a safe investment. And for the morbid, gun and bullet stocks.
Can someone point me to the post where the rules got changed and crap no longer gets locked down?
From web hosting self promotions to people asking for advice to this? What are the forums coming to?
From web hosting self promotions to people asking for advice to this? What are the forums coming to?
TRENDING THREADS
-
Discussion Zen 5 Speculation (EPYC Turin and Strix Point/Granite Ridge - Ryzen 9000)- Started by DisEnchantment
- Replies: 24K
-
Discussion Intel Meteor, Arrow, Lunar & Panther Lakes Discussion Threads
- Started by Tigerick
- Replies: 20K
-
Discussion Intel current and future Lakes & Rapids thread- Started by TheF34RChannel
- Replies: 23K
-
-
Facebook
Twitter