Penny stocks!??!?

[SC4EVA]

No word on these anymorw.. I gotta stick 1K somewhere.. Advise?

 

[Lestat]

invest it in 'QQQ'

its an SP 500 index.

 

[hamstershaver]

send it to me ill invest it at the hold em tables

 

[canadianhitman]

Penny stocks? Hell, why not gamble where it pays off instantly. Head to the nearest casino, and put it on black or red at the roulette wheel.

 

[SC4EVA]

lol.. thought the penny stocks part would give you guys a laugh

 

[Lestat]

lol.. thought the penny stocks part would give you guys a laugh

thÖught wrÖng

 

[kunta]

you should have invested it in QBID a last wk at .0002

 

[Dial_tone]

You're better off buying lottery tickets than putting it into penny stocks.

 

[-SD-]

You're better off buying lottery tickets than putting it into penny stocks.

Why? Arent there people that actually make money investing in penny stocks?

 

[supersizeme]

this morning i bought RNKE at .0095. it is now trading at .0099. i plan on quitting my job and retiring here in the next 5 minutes

 

[-SD-]

this morning i bought RNKE at .0095. it is now trading at .0099. i plan on quitting my job and retiring here in the next 5 minutes

lol. What was the spread and how much money did you make?

 

[supersizeme]

I bought 65,881 shares at .0095 for $625. If I had sold at .0099 I would've made a total of $27. Subtract commissions of $22 for the trade, and I'm ahead about $5. But then you'd have to figure in short term capital gains tax at about 30%, so I would have made about $3.67.

I would've used the proceeds towards a downpayment on a loaf of bread, but since I'm holding the stock overnight and seeing where it goes, I hope to make at least $6-7 out of this.

 

[Turd Ferguson]

I'd bet it on the over and under of some sports game. Quick and painful or painless depending on your outcome. All you have to do is find out what Artie on Howard Stern is betting on and bet opposite of his bet.

 

[Forge]

I bought 65,881 shares at .0095 for $625. If I had sold at .0099 I would've made a total of $27. Subtract commissions of $22 for the trade, and I'm ahead about $5. But then you'd have to figure in short term capital gains tax at about 30%, so I would have made about $3.67.

I would've used the proceeds towards a downpayment on a loaf of bread, but since I'm holding the stock overnight and seeing where it goes, I hope to make at least $6-7 out of this.

LOL, that was really funny. It's also about how much I've ever made personally playing the market...

 

[Lumberg]

invest it in 'QQQ'

its an SP 500 index.

wrong. Cubes are NASDAQ 100. Spiders are S&P 500.