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To: Bid Buster who wrote (1012)9/24/2005 1:53:53 PM
From: im a survivor  Read Replies (1) | Respond to of 1072
 
Bid...Rruff will be the first to admitt that most penny stocks are indeed scams.....but again, if ya know how to play, you can make very nice gains.....he does know how to play...he is not your typical penny player....you will never hear him pump, or bash for that matter....he offers insightful dd, TA/FA...and all he does is post what he knows/finds, with no pumping or bashing....and he ignores the pumps and bashes as well.....He will be the first to admitt he is long a stock, but found some disturbing news, so here it is...he does not post in hindsight, as many do...

He is one of the few that really know the rules and he follows them....he never buys on the pump....he limits his losses and is very quick to take gains and let free shares ride...he is not one of these idiots that just hold and hold, doing nothing....

The problem we have here is Bid has always felt penny stocks were scams/gambles, not investments, and history proves him to be correct. Buy and hold a penny and you'll be left with half a cent if your lucky in most cases<g>...But, gamble/play them, and very good money can be made...and lost buy those that dont know how to play...Now, Rrufff, will not say whether a stock is a scam or not a scam...he will readily admitt most penny's very well could be scams and he assumes them to be until proven otherwise...but he also is smart enough to know how to play, so he does do very well with the penny's.....So, I think yall both agree penny stocks are not investments, they are gambling plays...one of you wishes to play the game, the other doesn't...no biggie....the 2 of you are much more alike then yall think<g>