Turn Around sub and penny stocks under a $1.00 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.

Strategies & Market Trends : Turn Around sub and penny stocks under a $1.00

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tadsamillionaire who wrote (32)	7/27/2007 11:47:10 AM
From: im a survivor	of 53

Well, most penny stocks have huge swings both up and down making it attractive to both flippers and shorts. Then take in to account that most penny stocks are not all that legitimate and most fall large percents on their way to the gutter and it is very clear why shorts jump all over them. I have never shorted a penny stock in my life.....but I sure wish I had (the legal way of course). Think how many millionaires and billionaires were made simply by shorting penny stocks. Anything that has such statistics will not be ignored and the fact is shorts can go short on a penny stock and not even really worry if it goes up. In fact, many shorts probably hope it does go up so they can short more at higher prices. Why you ask? Because they know no matter how high a penny stock goes, there is a better then 90% chance it will crumble to nothing. The higher PPS they short at, the more they make when it crumbles. The averages and statistics weigh very heavily in the shorts favor. <<What is the point in shorting a penny stock?>>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next