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10 Reasons Why Are Penny Stocks Sooooooo Despised

January 22, 2009 at 8:45 am
by Timothy Sykes

Watch these 7 free video lessons on how I became a millionaire

1. People or someone they know have been burned before

2. They believe in the penny stocks’ “breakthrough” technologies/products

3. They don’t understand the risks/odds

4. They don’t cut losses quickly, instead becoming emotionally involved

5. They don’t understand it’s possible to short into the fraud/hype/manipulation

6. They treat them like companies/investments, not chips on a poker table (which is the correct way)

7. They think they move randomly, they haven’t watched PennyStocking or PennyStocking Part Deux and don’t know how to make consistent returns from all the hype/manipulation

8. People actually trust management/press releases/message boards when in fact all exist to provide misinformation

9. People actually fear/dislike hype/manipulation/misinformation

10. I’ve only been running my mouth for a year or so, only got a few instructional DVDs so far, give me time to get people to love/crave the manipulation

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  • Ronnie

    Tim,

    I would like to subscribe to your TimAlerts. However, I’d understand that watching the DVD’s would most likely be the best way to go too to understand your strategy. What DVD do you suggest watching first? I understand the concept of “Short Selling,” so I know the idea behind it…however since the DVD is 6 hours long, I’m sure you include some strategies, etc.

    Let me know…

    Thanks in advance.

  • Ronnie

    Tim,

    I would like to subscribe to your TimAlerts. However, I’d understand that watching the DVD’s would most likely be the best way to go too to understand your strategy. What DVD do you suggest watching first? I understand the concept of “Short Selling,” so I know the idea behind it…however since the DVD is 6 hours long, I’m sure you include some strategies, etc.

    Let me know…

    Thanks in advance.

  • JustinH

    Hey Ronnie – if I were you I would get the new TIMfundamentals… from the sound of it, it looks like his best dvd to date since it explains how timalerts works and how you can find chart patterns like tim does.

    http://test.timothysykes.com/timfundamentals/

  • JustinH

    Hey Ronnie – if I were you I would get the new TIMfundamentals… from the sound of it, it looks like his best dvd to date since it explains how timalerts works and how you can find chart patterns like tim does.

    http://test.timothysykes.com/timfundamentals/

  • http://test.timothysykes.com timothysykes

    def. do the pennystocking DVD first too before traidng or it’ll seem crazy!

  • http://test.timothysykes.com timothysykes

    def. do the pennystocking DVD first too before traidng or it’ll seem crazy!