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how do you make money in these stocks?

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Anonymous
# Posted: 14 Nov 2007 09:50
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My theory is to buy like 40 different stocks at .0001 ,obtaining over a million of each one, and then like a spider just patiently wait till one of them shoots up to .0035 or more and the sell it taking over 3 grand in profit . Even if this only happens twice a year I recover my whole investment the first year and any time after that in following years is good part-time money.
I have watched the sub penny stock world for some time and have reasons to believe a small rise twice a year is realistic- that it can and does happen, especially if you have 30 or more different stocks.
What do you old pro's at the stock world think?

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TomAdmin
Admin
# Posted: 2 Jan 2008 18:51
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That sounds like a pretty decent strategy... and you could probably increase your odds of success if you only cherry picked the best looking sub penny charts based on their patterns and volume etc.

Seems definitely worth a pilot run...

But the question remains if this strategy would only work in a bull market which appears to be ending now...

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jbrady805
Member
# Posted: 21 Mar 2008 16:20
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what are u guys using tio chart your penny stocks., web site etc., seems a lot oc the free web based charting programs do not carry all the penny stocks in their data base or their charts wont go to 100ths and 1000ths..??

thx jb

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