net penny stocks
April 26, 2010 6:26pm CST
Someone showed me netpennystocks.com today. Netpennystocks.com only costs $1.95 to start making money. I do not know much about stocks,but I do have the money to use them. Would any of you mylotters be kind enough to explain how penny stocks work,especially netpennystocks.com
27 Apr 10
I have briefly read through this web site. I think the idea basically is introducing the user an automated stock trading software which will buy and sell the stock base on pre-defined formula and algorithm. To me, it's having certain risk, because the market itself is a unpredictable nature. So, it couldn't be traded base on a fixed formula or algorithm. But since the initial investment is small, you can try it out and let us know if it works. Happy posting and have a nice day!
27 Apr 10
So I put $5.00 dollars into netpennystocks,come to find out the only way to make money is to refer people. There is know trading or betting involved. So now I am out $5.00 on something I am not interested in,guess I should have done my homework a little bit better after all!
28 Apr 10
That means it's a non-productive web site, which only rely its member to continuously looking for referrals. I am very adverse on this kind of site and dare not join any of them now because I used to be scammed by several of them. It's lucky that you have only made a small amount investment. Ya, more homework is giving us better chances of earning money. Thanks for your kind sharing.