Comments on: Why do so many people invest in penny stocks? http://retirementplanningnow.net/why-do-so-many-people-invest-in-penny-stocks.htm/ Finding The Best Solutions And Ideas For Planning For Your Retirement. Fri, 03 Feb 2012 00:34:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Flattruth http://retirementplanningnow.net/why-do-so-many-people-invest-in-penny-stocks.htm/comment-page-1/#comment-29465 Flattruth Thu, 29 Jul 2010 07:12:33 +0000 http://retirementplanningnow.net/why-do-so-many-people-invest-in-penny-stocks.htm#comment-29465 I think it's a highly optimistic attitude and personal greed, that one could double or triple their money in short time. Penny stocks are a shot in the dark because the company usually faces liquidity issues and have very limited reputation. But hey, the stock could shoot up just on one snippet of good news...unfortunately, it could go the exact opposite just as easily. I think it’s a highly optimistic attitude and personal greed, that one could double or triple their money in short time.

Penny stocks are a shot in the dark because the company usually faces liquidity issues and have very limited reputation. But hey, the stock could shoot up just on one snippet of good news…unfortunately, it could go the exact opposite just as easily.

]]> By: Playboysmurf http://retirementplanningnow.net/why-do-so-many-people-invest-in-penny-stocks.htm/comment-page-1/#comment-29466 Playboysmurf Thu, 29 Jul 2010 07:12:33 +0000 http://retirementplanningnow.net/why-do-so-many-people-invest-in-penny-stocks.htm#comment-29466 The same reason people play the lottery The same reason people play the lottery

]]> By: Yoho http://retirementplanningnow.net/why-do-so-many-people-invest-in-penny-stocks.htm/comment-page-1/#comment-29467 Yoho Thu, 29 Jul 2010 07:12:33 +0000 http://retirementplanningnow.net/why-do-so-many-people-invest-in-penny-stocks.htm#comment-29467 because it's not investing it's gambling:People like to gamble. because it’s not investing it’s gambling:People like to gamble.

]]> By: wildbirdie http://retirementplanningnow.net/why-do-so-many-people-invest-in-penny-stocks.htm/comment-page-1/#comment-29468 wildbirdie Thu, 29 Jul 2010 07:12:33 +0000 http://retirementplanningnow.net/why-do-so-many-people-invest-in-penny-stocks.htm#comment-29468 When a 100 dollar stock goes up 10 cents it's no big deal. When a 10 cent stock goes up 10 cents it has doubled. They forget that it going up 10 cents is highly unlikely. Others get turned on by the idea of buying 10,000 shares of something. When a 100 dollar stock goes up 10 cents it’s no big deal. When a 10 cent stock goes up 10 cents it has doubled. They forget that it going up 10 cents is highly unlikely.

Others get turned on by the idea of buying 10,000 shares of something.

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