Hello kiddies.
I was curious if this site was still here and I wondered
if my ancient login still works. I was surprised to see
recently messages on this old thread. I guess so... LOL
It seems like 10 years have past since my last visit.
Hopefully people have learned a lesson when it comes to penny
stock investment. It's really not an investment, it's learning
the art of 'understanding the scam' and trying to make money
in it. This requires more skill than it does with legit
stocks. Most people are honest though and never see the real
story and fall prey. Everyone will lose money in stocks, just
win more than you lose to come out ahead. You can lose here
and win elsehwere, who cares.
Just like everyone, I was very curious about penny stocks
by reading all the hype generated by 'you know who' when
they first spammed the Prodigy forum on microcap stocks,
before this site.
The lure of the dollar stock doubling or tripling is
hard to ignore, everyone wants instant satisfaction.
It's too easy to get suckered into this, the real skill is
figuring it out then finding a way out before you get ruined.
It's ok to lose, but don't get punished. Learn, move on and
continue the quest.
Looking back on my stock market learning experience,
after penny stocks, I moved into bigger stocks and learned
more about trading, options, etc. I wanted to understand
all aspects. This was a hobby, but I lost interest and
I haven't done a trade in 5 years, but the knowledge gained
stays with your for life so when it's time to do it again,
I know which 'game in the casino' I feel more comfortable with. It ain't penny stocks either! The best way to make
money in penny stocks is to place your bet that the company
in question is a scam vs. hoping it's real. This requires
special brokerages accounts outside the 'big boy' brokerages.
I wouldn't attempt this unless you are skilled in this
method.
Back to the lure of doubling or tripling your money.
Granted, buying a big legit stock for $30 and hoping to double
or triple may not happen but if you still desire the thrill
while having a better change than placing cash in pennies,
learn the art of options trading. That $30 stock may have
$1, $2, $3, etc options available. A $5 short term rise in
stock can yield a big return on your option pricing. Options
are really not a long term hold either, trade them when
a profit is had. You can have the penny stock thrill with
options and the game is a much faster pace vs. waiting
for the great pumpkin {Charlie Brown}.
re: Grupo Brad - Recalling old memories and analyzing them today. My last memory was that Grupo disappeared from the
message boards when there was a sign of trouble. I would
venture to guess he cashed out. People that don't cash out
will continue to post messages because they have a vested
interest, it's human nature. People that sell and no longer
have a position will have not desire to post messages.
If I were to bet, I think Grupo and cronies made out like
rich bandits on these scams. I got the impression early on
that he did alot of penny stock trading and raked in tons
of cash. Someone with this type of trading behavior ain't
no dummy to hold, he wants to get paid now.
You also have to understand that screen names are just
names. There is nothing stopping him or the cronies from
continuing the scam under different names. If the scam
worked once, it shall work again. Scams never go away.
I'll post again in year 2016. LOL .. |
