SYCONET.COM (SYCD) THE NEXT AMAZON? GET IN EARLY. $.31 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : SYCONET.COM (SYCD) THE NEXT AMAZON? GET IN EARLY. $.31

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Loren S. who wrote (547)	6/12/1999 9:16:00 PM
From: MakeMoney	Read Replies (2) of 1413

To "Loren". HAY - since it's the week-end we can "ramble" a little bit here. i was just thinking how in the "early" years there was almost nobody investing in the "micros" - and i do mean NOBODY!! now - however - it seems as though EVERYONE wants to invest in these types of companies and i think i know why this is. it has - mainly - to do with the internet. it is just SOOO easy for everyone to "invest" (play) in the stock market these days. plus everyone reads on all of these message boards about how all of these people are making all of these thousands (millions) of dollars via investing in "penny" stocks and so everyone is saying "Gee - if that guy/gal can do that then i surely can do that too"!! now - i am NOT being judgmental about any of this. (IOW) i am not saying that any of this is either "right" or "wrong" or "good" or "bad". i am merely trying to explain why SOOO many people (novices) seem to be investing in the "pennies" these days. however - i really do believe that there is an absolutely tremendous - and very real - financial danger (risk) in what a lot (most) of these people are doing (financially) to themselves - to their families - and to their friends simply because (IMO) the vast majority (almost ALL) of them simply do NOT KNOW WHAT THEY ARE DOING - PERIOD!! they all seem to think that by investing in "micro-cap" companies they are all going to become instant millionaires "over-night". however - what seems to be happening to most (almost ALL) of them is that they are LOSING all - or at least most - of the money that they have invested in these types of companies and some of them (tragically) are even losing everything they have ever owned!! what these people seem to NOT be able to understand or "grasp" is the very simple fact that - yes - a person can most definitely make a lot of money via investing in "micro-cap" companies but ONLY if he/she/they KNOW WHAT THEY ARE DOING!! (IOW) the novice stock market investors are NOT making any money - only the PROFESSIONAL stock market investors are really making any "serious" money via investing in these EXTREMELY HIGH RISK types of companies!! anyway (FWIW) "ramdom" thoughts on a late Saturday afternoon. take care, my friend.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next