Just cause I know that sometimes fantasy stock portfolios are used to gather leads for real life funds... ie: Marketocracy ? I wonder how the law works with regards to this.
2007-11-16 01:31:47 · 5 answers · asked by danny c 2 in Business & Finance ➔ Investing
No, it's not illegal because there is no actual financial gain (unless it's a fantasy market with a prize at the end, which could make it illegal, but more likely just a forfeiture of prize money).
2007-11-16 01:35:45 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Hi,
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I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Regards
2014-09-22 14:17:53 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/c8109
2015-01-25 04:16:47 · answer #3 · answered by Anonymous · 0⤊ 0⤋
The only thing illegal in a game, are concerning the rules of the game.
2007-11-16 03:58:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You're kidding right?
Consult the rules of your program, but I strongly doubt anyone will be arresting or suing you over it. (What was the first word in the name of that stock exchange?)
2007-11-16 02:07:42 · answer #5 · answered by Rabbit 7 · 0⤊ 0⤋