Page 1 of 2 12 LastLast
Results 1 to 15 of 28
  1. #1
    Rookie
    Points: 10,589, Level: 31
    Level completed: 6%, Points required for next Level: 661
    Overall activity: 0%
    Achievements:
    Veteran10000 Experience Points

    Join Date
    Feb 2010
    Location
    Ames,IA
    Posts
    433
    Points
    10,589
    Level
    31
    Thumbs Up
    Received: 0
    Given: 0

    Investing in Stocks

    Any invest in penny stocks? Had any success?



  2. #2
    Addict
    Points: 78,540, Level: 87
    Level completed: 11%, Points required for next Level: 1,610
    Overall activity: 1.0%
    Achievements:
    Veteran50000 Experience Points

    Join Date
    Jun 2009
    Location
    Chicago, Il
    Posts
    6,289
    Points
    78,540
    Level
    87
    Thumbs Up
    Received: 60
    Given: 15

    Re: Investing in Stocks

    I haven't, but a roommate of mine in college did and made thousands of dollars off it. I'm kind of ****** because he told me once that company's sister company was doing the same thing as the company he invested in and to put in like $1000 to buy it, but I didn't have much money at the time. Could have made some bank, but oh well.

    I think you have to really do your research if you're going to invest a decent amount in them but hey, in theory if you do, you could make a bit.



  3. #3
    Legend
    Points: 316,503, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 12.0%
    Achievements:
    SocialRecommendation Second ClassVeteranCreated Album pictures50000 Experience Points
    CyCrazy's Avatar
    Join Date
    Dec 2008
    Location
    Rolling dirty in Roland.
    Posts
    14,877
    Points
    316,503
    Level
    100
    Thumbs Up
    Received: 314
    Given: 57

    Re: Investing in Stocks

    Ive had minor success, made a couple hundred bucks here and there.



  4. #4
    Legend
    Points: 261,360, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0%
    Achievements:
    Social50000 Experience PointsOverdriveVeteran

    Join Date
    Apr 2011
    Location
    Colorado
    Posts
    11,173
    Points
    261,360
    Level
    100
    Thumbs Up
    Received: 1
    Given: 1

    Re: Investing in Stocks

    Quote Originally Posted by CyCrazy View Post
    Ive had minor success, made a couple hundred bucks here and there.
    Sounds like your stripping career.


    Team Rainbo_

    Quote Originally Posted by VikesFan4Ever28 View Post
    You have almost 5 crap tons.

  5. #5
    Addict
    Points: 149,828, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 1.0%
    Achievements:
    50000 Experience PointsVeteran
    longtimeclone's Avatar
    Join Date
    Dec 2009
    Location
    Up north
    Posts
    7,842
    Points
    149,828
    Level
    100
    Thumbs Up
    Received: 90
    Given: 37

    Re: Investing in Stocks

    I have a coworker that does quite a bit but he compares it to gambling. You basically will have to sit on the stocks and wait until the stock moves. The biggest problem is this might take a while and you have to be there to cash in. He has moderate success where he mostly made money but he is currently sitting on a loser and hoping that he makes his money back.



  6. #6
    Legend
    Points: 316,503, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 12.0%
    Achievements:
    SocialRecommendation Second ClassVeteranCreated Album pictures50000 Experience Points
    CyCrazy's Avatar
    Join Date
    Dec 2008
    Location
    Rolling dirty in Roland.
    Posts
    14,877
    Points
    316,503
    Level
    100
    Thumbs Up
    Received: 314
    Given: 57

    Re: Investing in Stocks

    Quote Originally Posted by Hawkeye11en1 View Post
    Sounds like your stripping career.
    Not really, I only got nickles and dimes chucked at me.



  7. #7
    Hall-Of-Famer
    Points: 138,582, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 22.0%
    Achievements:
    Veteran50000 Experience Points
    isulive2train's Avatar
    Join Date
    Feb 2009
    Location
    Ciclón Nación
    Posts
    4,390
    Points
    138,582
    Level
    100
    Thumbs Up
    Received: 597
    Given: 258

    Re: Investing in Stocks

    Quote Originally Posted by CyCrazy View Post
    Not really, I only got nickles and dimes chucked at me.
    Cause you weren't creative...




    "Strength does not come from physical capacity. It comes from an indomitable will."


  8. #8
    Rookie
    Points: 10,589, Level: 31
    Level completed: 6%, Points required for next Level: 661
    Overall activity: 0%
    Achievements:
    Veteran10000 Experience Points

    Join Date
    Feb 2010
    Location
    Ames,IA
    Posts
    433
    Points
    10,589
    Level
    31
    Thumbs Up
    Received: 0
    Given: 0

    Re: Investing in Stocks

    I've seen many stocks at $0.0001 and all they have to do is go up that $0.0001 cent and basically double your money. The ones I've seen like this either go up a few 1/10000 of a cent or stay at the same price.



  9. #9
    Starter
    Points: 21,286, Level: 44
    Level completed: 60%, Points required for next Level: 364
    Overall activity: 2.0%
    Achievements:
    SocialVeteran25000 Experience Points
    AllBig12Drinker's Avatar
    Join Date
    Dec 2009
    Location
    West Des Moines
    Posts
    707
    Points
    21,286
    Level
    44
    Thumbs Up
    Received: 19
    Given: 20

    Re: Investing in Stocks

    Quote Originally Posted by CyCrazy View Post
    Not really, I only got nickles and dimes chucked at me.
    Make it hail!



  10. #10
    Addict
    Points: 96,946, Level: 96
    Level completed: 95%, Points required for next Level: 104
    Overall activity: 11.0%
    Achievements:
    Veteran50000 Experience Points
    acgclone's Avatar
    Join Date
    Feb 2007
    Posts
    7,024
    Points
    96,946
    Level
    96
    Thumbs Up
    Received: 438
    Given: 81

    Re: Investing in Stocks

    Quote Originally Posted by longtimeclone View Post
    I have a coworker that does quite a bit but he compares it to gambling. You basically will have to sit on the stocks and wait until the stock moves. The biggest problem is this might take a while and you have to be there to cash in. He has moderate success where he mostly made money but he is currently sitting on a loser and hoping that he makes his money back.
    Gambling is exactly what this is. The vast majority of stock pickers lose or under perform the market. In fact close to 90% of mutual funds, with all of their analysts and up to the second news, aren't able to beat the market.

    When you're talking about penny stocks it's probably even worse. There are reasons why these companies are valued so low.

    As long as you know that and use money that you can afford to lose, fire away.


    Last edited by acgclone; 03-27-2012 at 09:06 PM.

  11. #11
    Pro
    Points: 57,799, Level: 74
    Level completed: 50%, Points required for next Level: 751
    Overall activity: 0%
    Achievements:
    Veteran50000 Experience Points

    Join Date
    Nov 2006
    Location
    Madison, WI
    Posts
    2,190
    Points
    57,799
    Level
    74
    Thumbs Up
    Received: 99
    Given: 487

    Re: Investing in Stocks

    Investing in penny stocks? I think that's what's called an oxymoron.

    Not a good place to start your trading career.




    Quote Originally Posted by bowlfan912 View Post
    Any invest in penny stocks? Had any success?


    I was a victim of a series of accidents, as are we all.

  12. #12
    CyBer
    Guest

    Re: Investing in Stocks

    Quote Originally Posted by CyCrazy View Post
    Not really, I only got nickles and dimes chucked at me.
    Do they make you pick them up with your ***?



  13. #13
    Speechless
    Points: 733,011, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 99.9%
    Achievements:
    SocialVeteranCreated Album pictures50000 Experience PointsOverdrive
    Cyclonepride's Avatar
    Join Date
    Apr 2006
    Location
    A pineapple under the sea
    Posts
    48,601
    Points
    733,011
    Level
    100
    Thumbs Up
    Received: 1,870
    Given: 886

    Re:Investing in Stocks

    Just don't fall for the scam emails. Those stocks almost always bounce up (and the originator of the email undoubtedly sells as it does) and they are the ones who really benefit.



  14. #14
    Starter
    Points: 20,089, Level: 43
    Level completed: 27%, Points required for next Level: 661
    Overall activity: 0%
    Achievements:
    SocialVeteran10000 Experience Points

    Join Date
    Aug 2008
    Location
    Ames
    Posts
    949
    Points
    20,089
    Level
    43
    Thumbs Up
    Received: 0
    Given: 0

    Re: Investing in Stocks

    Look into Principle. their stock fluxuates between $21 and $28. I just sold all mine and made over 500 on a 2000 investment in 6 months



  15. #15
    Bench Warmer
    Points: 8,677, Level: 27
    Level completed: 88%, Points required for next Level: 73
    Overall activity: 0%
    Achievements:
    5000 Experience PointsVeteran

    Join Date
    Jan 2011
    Location
    Iowa City, IA
    Posts
    343
    Points
    8,677
    Level
    27
    Thumbs Up
    Received: 5
    Given: 23

    Re: Investing in Stocks

    Let me give you some advice about investing. Don't listen to anyone on this board (including me)..



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • TV: Fox Sports Net
  • BASKETBALL: Iowa State vs. Alabama
  • November 24, 2014
  • 08:30 PM