MojoMan Posted March 31, 2012 Share Posted March 31, 2012 How hard to sell? Quote Link to comment Share on other sites More sharing options...
geeteebee Posted March 31, 2012 Share Posted March 31, 2012 Depends on how much you own. Some pink sheet stocks have decent volume. And, yes, I would classify them as gambling. Wild swings are not unusual. Beware of pump and dumps with them. They can make for good trading opportunities, but you have to be quick. Quote Link to comment Share on other sites More sharing options...
Crazysight Posted April 1, 2012 Share Posted April 1, 2012 (edited) Easy to sell, not easy to profit from. Pretty easy to lose your shirt, especially on the ones you hear people hyping. Those are the most likely to be "pump and dumps." Akin to gambling. If you want to gamble you've prob. got a better chance at guessing right with an option trade such as a put, though you can definitely lose your shirt with those even faster. I lost an entire wardrobe. Your best bet is to play it safe with conventional stocks that are growing, or simply put your cash into a decent mutual fund like fidelity year after year. I wish I had kept my stock in Apple a couple years ago when I bought some during the "flash crash" at 217 before selling it for a mild profit of 240 following the crash. It's now around 600. Edited April 1, 2012 by Crazysight 1 Quote Link to comment Share on other sites More sharing options...
TimC Posted April 1, 2012 Share Posted April 1, 2012 "pump and dumps." Akin to gambling. Like the oil stocks? Quote Link to comment Share on other sites More sharing options...
MojoMan Posted April 3, 2012 Author Share Posted April 3, 2012 I pulled the trigger on CTTAF. Quote Link to comment Share on other sites More sharing options...
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