Okay...good post. I trade penny stocks for fun.
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Posted On: 01/10/2017 10:14:33 PM
Re: FettyGuapo #1495
Okay...good post.
I trade penny stocks for fun. The crap I throw on these boards and liehub boards is just that: crap. Sometimes I just like to stir the pot. Especially with people like that Dwayne dude who thinks he's figured out some double-top-secret-dual-alias-ring. LOL. Trading penny stocks is about like entering a casino at Vegas. Except in penny stocks, everyone thinks they're gonna get rich. I make a nice living and don't need the money I make off penny stocks to make a living. I've had a couple of decent years trading penny stocks and oil ETF's. I have traded penny stocks for a long time. And yes, I've been burned by pump and dumps in the past. Also made lots of money off pump and dumps in the past. That's why I hate both bashers and pumpers alike. They both steal people's money.
Patience is exactly what has lost me more money that any single other factor in penny stocks. So I don't buy the whole "patience is a virtue" argument. Holding any POS penny stock long term will lose you LOTS of money 90+% of the time. Sure, a penny stock comes along every once in awhile where you get lucky and hit it big. But you and I both know that almost every single stock that trades on the OTC is a share-selling farce. I've made most of my money in the past 2 years by swing trading and not holding stocks for more than 3 to 5 days at a time.
I've traded the heck out of SPCL...I've flipped this thing many times for some good profits over the past 4-6 weeks. And no, it's not a "couple hundred K shares"...it's many more times that number. Right now, the price of SPCL is being controlled, manipulated...that's what my comments as of late have been pointing out. That's something else I very much dislike in OTC stocks: one person or one group can completely control the price of any particular stock.
Honestly, I could care less what happens on or about January 31st. For all you longs, I hope for the very best for you. But in the OTC world, these types of things often don't quite happen as planned. Those situations where I've held out for that big payday are the situations where I've been burnt the worst. So my strategy is to flip this stock as excitement grows. I know, I know, people hate it when someone admits to flipping a stock for a profit. People think the only "true" strategy is to go long and stay long. Well, that strategy hasn't worked out too well for most people in OTC stocks. But short-term flipping is a nice, fun, profitable game.
I suggest taking everything I say with a grain of salt. Like I said, sometimes I like to just stir the pot. I like to point out the nonsense that both bashers and pumpers are saying.
Best of luck to you. I hope this stock makes you rich. It won't make me rich because I will flip out of it before we get to the "big date".
I trade penny stocks for fun. The crap I throw on these boards and liehub boards is just that: crap. Sometimes I just like to stir the pot. Especially with people like that Dwayne dude who thinks he's figured out some double-top-secret-dual-alias-ring. LOL. Trading penny stocks is about like entering a casino at Vegas. Except in penny stocks, everyone thinks they're gonna get rich. I make a nice living and don't need the money I make off penny stocks to make a living. I've had a couple of decent years trading penny stocks and oil ETF's. I have traded penny stocks for a long time. And yes, I've been burned by pump and dumps in the past. Also made lots of money off pump and dumps in the past. That's why I hate both bashers and pumpers alike. They both steal people's money.
Patience is exactly what has lost me more money that any single other factor in penny stocks. So I don't buy the whole "patience is a virtue" argument. Holding any POS penny stock long term will lose you LOTS of money 90+% of the time. Sure, a penny stock comes along every once in awhile where you get lucky and hit it big. But you and I both know that almost every single stock that trades on the OTC is a share-selling farce. I've made most of my money in the past 2 years by swing trading and not holding stocks for more than 3 to 5 days at a time.
I've traded the heck out of SPCL...I've flipped this thing many times for some good profits over the past 4-6 weeks. And no, it's not a "couple hundred K shares"...it's many more times that number. Right now, the price of SPCL is being controlled, manipulated...that's what my comments as of late have been pointing out. That's something else I very much dislike in OTC stocks: one person or one group can completely control the price of any particular stock.
Honestly, I could care less what happens on or about January 31st. For all you longs, I hope for the very best for you. But in the OTC world, these types of things often don't quite happen as planned. Those situations where I've held out for that big payday are the situations where I've been burnt the worst. So my strategy is to flip this stock as excitement grows. I know, I know, people hate it when someone admits to flipping a stock for a profit. People think the only "true" strategy is to go long and stay long. Well, that strategy hasn't worked out too well for most people in OTC stocks. But short-term flipping is a nice, fun, profitable game.
I suggest taking everything I say with a grain of salt. Like I said, sometimes I like to just stir the pot. I like to point out the nonsense that both bashers and pumpers are saying.
Best of luck to you. I hope this stock makes you rich. It won't make me rich because I will flip out of it before we get to the "big date".
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