"Top tier" text battler dickriding, NY Stock exchange, mutual funds

oats · 07-09-2013, 05:05 PM

Honestly man, if you're trying to convince anyone that penny stocks are a smart investment, you're doomed to fail. They are what they are: a highly volatile gamble. As with all investments, there are ways to minimize risk, but that's the nature of penny stocks. If you're claiming that you can consistently pick winning penny stocks, then you just haven't been trading long enough. Or who knows, maybe you are the exception of people who do well with them, but statistically, success with penny stocks is the exception. I've openly stated the majority of my portfolio, you can check them if you'd like, but I really have no Interest in short term pump and dumpers.

If you are going to take risks, I'd recommend buying options on larger companies. Again, that's just my way of looking at it.

07-09-2013, 05:05 PM	#18
oats Steel Cut Join Date: May 2013 Posts: 5,084 Battle Record: 19-10 Accomplishments - OM HOF (2x) Champed - Fight Night LXXXIV - Art of Writing League Rep Power: 79005428	Honestly man, if you're trying to convince anyone that penny stocks are a smart investment, you're doomed to fail. They are what they are: a highly volatile gamble. As with all investments, there are ways to minimize risk, but that's the nature of penny stocks. If you're claiming that you can consistently pick winning penny stocks, then you just haven't been trading long enough. Or who knows, maybe you are the exception of people who do well with them, but statistically, success with penny stocks is the exception. I've openly stated the majority of my portfolio, you can check them if you'd like, but I really have no Interest in short term pump and dumpers. If you are going to take risks, I'd recommend buying options on larger companies. Again, that's just my way of looking at it.