View Single Post
Old 12-05-2011, 08:55 AM  
PR_Glen
Confirmed User
 
PR_Glen's Avatar
 
Industry Role:
Join Date: Oct 2006
Location: Canada
Posts: 9,058
Quote:
Originally Posted by teomaxxx View Post
the thing with penny stocks is, you have to buy good companies with 40-50 percent growth on yoy basis. there will be some mises in few cases, therefore lost of 50-90 percent on investment, but other two and more baggers will make for it.
i know several guys who became multi-millionares that way.
if it were that easy everyone would be doing it... shooting for penny stocks is closer to gambling than any other investment, most people go broke doing shit that way.

The only reason you are mentioning it here at all is to generate buzz for something that wouldn't budge otherwise...
__________________
webmaster at pimproll dot com
PR_Glen is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote