10 Reasons Why Are Penny Stocks Sooooooo Despised
Posted by Timothy Sykes on Thu 22nd of Jan, 2009 08:45:46 AM1. People or someone they know have been burned before
2. They believe in the Penny Stocks’ “breakthrough” technologies/products
3. They don’t understand the risks/odds
4. They don’t cut losses quickly, instead becoming emotionally involved
5. They don’t understand it’s possible to short into the fraud/hype/manipulation
6. They treat them like companies/investments, not chips on a poker table (which is the correct way)
7. They think they move randomly, they haven’t watched PennyStocking or PennyStocking Part Deux and don’t know how to make consistent returns from all the hype/manipulation
8. People actually trust management/press releases/message boards when in fact all exist to provide misinformation
9. People actually fear/dislike hype/manipulation/misinformation
10. I’ve only been running my mouth for a year or so, only got a few instructional DVDs so far, give me time to get people to love/crave the manipulation
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
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| Oct 22 | USEG | $6.12 | $6.09 | $85 |
| Oct 20 | CBOU | $8.93 | $9.06 | $243 |
| Oct 16 | VRMLQ | $16.79 | $18.65 | $2773 |
| Oct 13 | YONG | $11.05 | $11.66 | $1202 |
| Oct 13 | NPHC | $0.59 | $0.71 | $583 |
| Oct 12 | IMGG | $0.60 | $0.70 | $682 |
| Oct 9 | ZAGG | $5.50 | $6.10 | $2380 |
| Oct 7 | GVBP | $0.03 | $0.27 | $702 |
| Oct 1 | NPHC | $0.70 | $0.85 | $1482 |
Total: $98,094 (681%)

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