have two thousands $ and I want to buy a penny stock for investment. I do not care if I lose the money because I already lost too much. I like to gamble and take risk.
2007-03-12 09:46:28 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
MTTG
2007-03-12 11:18:44 · answer #1 · answered by franksprung 3 · 0⤊ 0⤋
I must get 3 emails a day with penny stock tips. You don't? Buying penny stocks is not exactly an investment. More or less like betting on a 40 to 1 shot to win, except the odds with the 40 to 1 shot are much better.
I will give you a tip though that over a 10 year time I expect might return about 20 times your original investment--CHL. Not a penny stock though but last year doubled in price. I don't expect it to double again this year but by the end of next it might.
2007-03-12 10:14:30 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No. I can't recommend one. My conscience would bother me. I'm on a bunch of mailing lists, so I get a lot of brochures from gurus telling me about specific penny stocks that can't miss. I tracked them for a year or more, and 95% of them went down and stayed down. I think they were trying to run a pump and dump racket by generating a demand for the stock, which would drive the price up. Then they would sell at a profit, while the typical investor was left holding the bag. It didn't work. Kiss your 2 G's goodbye.
2007-03-12 10:03:08 · answer #3 · answered by ? 6 · 0⤊ 0⤋
Well
I've been trading the market for just a few months. My cousin actually told me about this website ( http://pennystocks.toptips.org ) and I signed up immediately after. This is my honest review about their method. I'm not someone who has a lot of time to be researching for ideas because I work many hours. they made it incredibly easy for me to make money in the market. Their reports are easy to read and follow. I've tracked most of the stock ideas that I've received in my e-mail from them and MANY have seen some nice gains after their announcements. I've made a nice profit (55% return on my investment on one, and 112% on the other!) on a couple of suggestions he's given and plan to start trading his ideas a lot more.
For more info: http://pennystocks.toptips.org
2014-09-22 10:11:04 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I can't recommend a penny stock but I can show you how to trade if your interested. With your $2,000 you can get started. If you like you can check out our website www.rematatrading.com which talks about our trading platforms for professional traders.
2007-03-12 17:20:58 · answer #5 · answered by phantomtrader2 2 · 0⤊ 0⤋
You must be mad! You have better odds at a casino! 1 in 100,000 penny stocks come through.
2007-03-12 10:03:09 · answer #6 · answered by sirtitan45 4 · 0⤊ 0⤋
EAR - Atleast you will stand a chance.
2007-03-12 13:08:27 · answer #7 · answered by yerp85 2 · 0⤊ 0⤋