The Puma Man wrote:Been making bank in penny stocks, although I don't think those are really up your guys' alley. None of these investments are long term, and you have to set stops, or else be constantly watching the stock, because there's no telling where the stock's gonna go.
Initially learning how to trade penny stocks kinda sucks, because everywhere you go there's someone trying to get you to buy a certain stock so it'll rise in price and he can sell it (pump and dump), but eventually you learn how to take advantage of crap like this and can learn to take advantage of this stuff.
These guys basically spend their days planting seeds, spamming day-trade message boards, and then playing margins.
It's really a full time job, and the guys who don't put in the effort usually end up on the short-end of it.