Wednesday, December 2, 2009

Poker Player Penny Stocks

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There seems to be an influx of sites devoted to a hot category and I came across a site called Poker Player Penny Stocks. This was like another site I saw that talked about penny stocks just yesterday. It seems to be ran by the same people as it looks to be a similar type site. It's free, it captures your email. I gave them mine -- again. I haven't checked yet, but I imagine their will be an email to confirm my entry. This one has testimonials on it so maybe they are testing which one pulls the best, I am not really sure.

It follows a similar vein. The idea is that it will tell you about hot penny stocks you can make a fortune with. But as I have cautioned in earlier posts, you'll want to be leary of this whole best penny stocks hype. The prices of these stocks are too easy to manipulate by a big player in my opinion.

I would expect that if you want to give these types of stock market investing strategies a try, I would suggest that you limit it to a small portion of your overall stock portfolio. It's too easy to lose money. I also think that if you are looking for penny stocks to watch that you create your own watch list from your own rules you establish. While it's my own personal opinion that in creating your own list of penny stocks you might have greater success. Your first clue is that you are being advertised these stocks and it's too easy to get taken in by the lure of easy money. While this site might be legit for all I know, it seems to me that it's more likely area to be scammed in.

And I don't think that it's limited to penny stock investing. I think all investing is manipulated by the big money in the market. I think the difference though is that stocks of higher prices of $15 dollars a share or more are more liquid.

Exercise caution but feel free to check out Poker Player Penny Stocks and give me a report if you want.

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