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Thread: Has anyone been able to make money from the emails you get from pennystock sites???

  1. #1
    Junior Member hollywood is on a distinguished road
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    Question Has anyone been able to make money from the emails you get from pennystock sites???

    I have been receiving emials from sites like extremepicks, pennyinvest. Since I have been watching thier stock picks it seems to me that the picks usually do well at the opening then drop down (pump and dump). Now if you already didn't have a position in that stock how do you make a profit for thier picks?? If anyone has had any success with these "alert" emails I would be interested to know your system.
    Thanks,
    Hollywood


  2. #2
    Junior Member leekevin2012 is on a distinguished road
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    In my opinion, you should really find a method of trading that fits you. I never really trust those penny stock **********s because, like you said, they go up and then go down the next day. If you receive one of these "trusted" **********s before the market opens, then you can always put in an order before the market opens. If you can sell all your shares before the market closes that day. Then, if you want, short the stock the next day. This is just my little idea if I were to start trading from **********s, but I recommend that you find a way of trading that is good for you and stop following those **********s, especially penny stock **********s.

  3. #3
    Junior Member Trading4Cash is on a distinguished road
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    You have to be fast and be happy with with only a few % profit. You have to look at the chart and see how long they have been pumping it. If you are on the last end of the emails YOU WILL BE A BAG HOLDER. such as it had a big spike a week or two before, stay away, unless you are going to short it.. Check out this link, explains all YouTube - Penny stocks - The anatomy of a pump and dump

  4. #4
    Junior Member patrickdawson920 is just really nice patrickdawson920 is just really nice patrickdawson920 is just really nice patrickdawson920 is just really nice
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    thanks for posting the website about the pump and dumps on you tube.. very helpful

  5. #5
    Junior Member stesign is on a distinguished road
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    I am new to this board but I get those **********s as well. I have never traded based on the information in those **********s but I do usually watch them just to see if they are all just pump and dump schemes or if there are any that actually pick good investments or stocks to trade. All the "picks" I have watched so far have all been pump and dump stocks. If you ever do find one the consistitantly picks good investments please let me know lol.

  6. #6
    Junior Member 2dabankwego is on a distinguished road
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    Default penny stocks feedback

    the only decent ps that i follow is BIEL...........bioelectronics corp. as my DD has me convinced they will succeed with their many products. check them out!

  7. #7
    Member barkmandog is a jewel in the rough barkmandog is a jewel in the rough
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    Default No

    I have signed up for a bunch of free picks and none of them ever go anywhere, just like others have said it's a pump and dump thing. Just a few seconds ago I got this pick from PennyStockMoneyTrain.com [info@PennyStockMoneyTrain.com]. SNWT it went up .06 today to 1.14. Lets watch it and see what it does.

  8. #8
    Junior Member BillSuits is on a distinguished road
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    I never buy these promotions as they are almost always paid for by stock in the company to a third party who hires these promoters. Additionally, many emails I get always say "Congrads to those who followed our alert on stock "XYZ" who mad 300%" but never tell you about all the losses people took on all the bombs, or that once they mentioned "XYZ" it jumped a huge amount on open that only those stuck in the stock prior actually seem to make a profit.

  9. #9
    Junior Member bobby29 is on a distinguished road
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    Man those emails are the biggest ripoffs going and i really dont know why the people behind them arent in jail.
    In fact if you read the fine print in all those emails, you will see that the email sender was paid big bucks by the company to hype the stock up.

    Sickening how they get away with this crap

  10. #10
    Junior Member dooste is on a distinguished road
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    Wise words indeed.

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