|
||||||
| Unsorted Discussions Have something to say but can't decide where your post belongs? Go ahead and drop it in here for the time being, our admins will do their best to file your thread in the appropriate location! |
![]() |
|
|
LinkBack (1) | Thread Tools | Display Modes |
|
|||
|
Penny stocks?
I would just like to know if any of you play the penny stock game with some of your discretionary money. In particular, I keep hearing a lot of buzz about the investing ROBOT named "Marl", from "WARNING: Do Not Read This Unless You Are Already Rich!". It has appeared on CNBC, BusinessWeek, Forbes, and a few others. The robot itself would cost $28,000. However, for $47 (one-time fee or per year? - not sure), you can have a couple picks sent to you every week or so. Some say it is a scam, but there are numerous testimonials to the contrary. I would just like to know if anyone has dabbled in penny stocks with a small amount of capital. Also, do you know of anyone who has used "Marl" with any degree of success? Thanks for your input.
__________________
purple_reign |
|
|||
|
Re: Penny stocks?
Be careful here. Liquity is key in your investing decisions. Many of these stocks have very little volumn & are very choppy (volitial). I have experienced not being able to sale (order will not execute) on some of the penny stocks as there are no buyers. You are stuck with it & when it is falling that is brutal.
Make sure if you jump in there is plenty of volumn. Otherwise, for example if you buy 300 shares @ .89 it may effect the price when you buy & then when you sell. Look up Tim Sykes (Google search). Chk. out his web site. I would stay away or take a trip to Vegas instead. |
![]() |
|
||||||
LinkBacks (?)
LinkBack to this Thread: http://www.roicommunity.com/forum/unsorted-discussions/1929-penny-stocks.html
|
|||
| Posted By | For | Type | Date |
| ROIC :: Phil Town & Rule #1, Warren Buffett, Ben Graham Investment Community | This thread | Refback | 04-14-2008 06:14 AM |
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
| Thread Tools | |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Penny Stocks | muttboi10 | Searching for an Investment | 3 | 07-12-2006 07:08 AM |