Brokers play it safe generally, cause with somethi
Post# of 1149
Posted On: 03/19/2014 9:44:34 PM
Brokers play it safe generally, cause with something as volatile as a penny stock, it is easier for them to tell them not to do it and be wrong than to tell them to do it and be wrong. I have noticed most of the herd just likes to jump in safe, already earning companies and make like 10% a year. That is fine I guess if you have millions, but not so good for your average Joe trying to make a retirement.
I tell everyone pennies are risky before I recommend them, but I have had quite a few I have recommended to people and they have all hit 100%+ after I recommended so far except FITX, but I am sure that will follow. I tell them if they want to play it safe, just buy when I tell them, sell it when you earn a reasonable return and move on, but they don't listen and then complain about it after. Not to say I am some oracle or stock genius, but with a little research and insight you can usually pick a decent stock.
A friend and I sit and stock chat all day back and forth over IM at work and we have nailed quite a few winners between us, just wish I had more money.
I tell everyone pennies are risky before I recommend them, but I have had quite a few I have recommended to people and they have all hit 100%+ after I recommended so far except FITX, but I am sure that will follow. I tell them if they want to play it safe, just buy when I tell them, sell it when you earn a reasonable return and move on, but they don't listen and then complain about it after. Not to say I am some oracle or stock genius, but with a little research and insight you can usually pick a decent stock.
A friend and I sit and stock chat all day back and forth over IM at work and we have nailed quite a few winners between us, just wish I had more money.
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