Has anyone made a lot of money investing in penny stocks on the Pink Sheets?
Public Comments
- As a former financial planner I have experience with these products. The penny stock industry is filled with sharks. They will eat you up.... Don't do it. The industry is rigged. You will be such a loser. I never, ever, met anyone who was successful with it.
- Pink sheets comprise penny stocks that are worth nearly nothing, and thus, aren't even listed on any exchange. If you wish to throw away your money, go for it.
- ABSOLUTELY! And not the traders. Its the brokers who earn the money. Penny stocks are very, very, very risky and volatile. Want to lose your money? Spend it - don't invest it - in penny stocks on the pink sheet. OR you could GIVE your hard-earned money to a charity. I suggest you invest in fewer shares on a higher priced stock - in excess opf $25 per share. Thanks for asking your Q! I enjoyed taking the time to answer it! VTY, Ron Berue Yes, that is my real last name.
- I have made a lot of money on over-the-counter stocks (.OB), and pink sheets stocks (.PK). The .PK stocks that I have done well with are not typical junk stocks, but rather foriegn stocks that don't have a regular stock symbol, so instead they trade on the pink sheets. Here is a link to my current portfolio: http://www.top10traders.com/ViewPortfolio.aspx?userID=5 You might also check out the best traders at top10Traders for some great pink sheets and otc ideas: http://www.top10traders.com/Top10Standings.aspx
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