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Old 04-12-2008, 09:53 AM
vikefan52 vikefan52 is offline
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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.
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Old 04-12-2008, 09:59 AM
Gunnski Gunnski is offline
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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.
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