HSX Forum

Playing & Trading Strategy

For us small ports, I think a judicial choice of penny stocks could work. The big ports, scoff, because it pointless for them.

Posted by: elchan (a.k.a elchan2012) on Jul 28, 20:31 in response to mike255's post Penny add up fast. If you have a lot of plenty cash to...

The problem is that with a billion of free cash, there's no way they can find enough penny stocks to buy.  It would take a million such stocks to spend a billion on.

Do you buy 1 cent stock per share. Sell the stock 12-15 cent per share mike255 Jul 25, 07:02

Yes, penny stocks can make you $$... Flash Jul 25, 07:24

pennystocks are no longer profitable and have not been since HSX changed the rules a while ago {nm} RazorHawk Jul 25, 09:21

Razor u can still make decent money. You can take 5k profit each stock mike255 Jul 25, 09:28

simple math.... RazorHawk Jul 25, 10:19

you can keep doing it all the time in penny stock all the time mike255 Jul 25, 10:28

it is obvious that you are not interested in learning how to play the game. RazorHawk Jul 25, 11:50

+1 on the explanation on why $0.01 does not actually cost $0.01 anymore....the noob thing....they're always right, just ask them alfpaulytd2012 Jul 25, 12:07

Chuckage does not always occur with penny stocks, many stay @ .01 (but I do it on the hopes 1 or 2 will break out and go to JDolphin Jul 26, 00:22

Of course your math is correct..my answer was geared more to a stock that may go up to $2, $3, etc.. Flash Jul 26, 07:32

The best way to play penny stocks is to buy and hold JohnTEQP Jul 25, 14:46

+1 {nm} PVL Admin Jul 25, 21:36

Agreed - I bought TINTN for $0.10 and held it until delist so it can work... but it is long term {nm} baronblacksheep Jul 26, 08:07

Penny add up fast. If you have a lot of plenty cash to spend anyway mike255 Jul 25, 16:36

For us small ports, I think a judicial choice of penny stocks could work. The big ports, scoff, because it pointless for them. elchan Jul 28, 20:31

i have made some damn good money on penny stocks. i have developed a strategy and they pay off one by one {nm} ndmaster Jul 30, 12:25





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