How Investors Are Tricked By Penny Stock Scams

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  • Опубликовано: 21 ноя 2024

Комментарии • 348

  • @TomO-jv7jb
    @TomO-jv7jb Год назад +42

    How ironic to see all these scammers flooding this comment section with scams of their own.

  • @jessicamoore3093
    @jessicamoore3093 Год назад +691

    For first-time investors, it cannot be stressed enough how important it is to invest hard-earned money in the stock market rather than a bank where interest is guaranteed! The market appears out of control, the times are unpredictable, and the banks are deteriorating. Could there be a chance for a boomer like me? I'm working on a rough estimate of $5M for retirement, and I have a healthy six figures saved up for this.

    • @alexyoung3126
      @alexyoung3126 Год назад +3

      It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

    • @lawerencemiller9720
      @lawerencemiller9720 Год назад +1

      Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.

    • @johnlennon232
      @johnlennon232 Год назад +1

      Please who’s this advisor that guides you?

    • @lawerencemiller9720
      @lawerencemiller9720 Год назад +4

      Helene Claire Johnson is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.

    • @johnlennon232
      @johnlennon232 Год назад

      Thanks for sharing, I just looked her up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.

  • @lailaalfaddil7389
    @lailaalfaddil7389 Год назад +238

    The greater the automated income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off automated income since July 6, 2016. You’ve got to start taking steps to achieve your goal.

    • @susannnico
      @susannnico Год назад

      What kind of investment would you advise? And what is the best way to follow it?

    • @manuelmanuel3968
      @manuelmanuel3968 Год назад

      ​@@susannnicodepends on your Networth. High yield stable Index funds are a safe way to earm 3~5% on your investments without lifting a finger.

  • @İsaaks123
    @İsaaks123 Год назад +106

    between the two, I think I would still support *VRI TOKEN* : technically speaking, years ahead of the competitors,Brand power, easy development, flexible with source languages, quick tx...

  • @zaraustra
    @zaraustra Год назад +42

    The problem is that people don’t want to do research, nor do they want to take any personal responsibility. Same with crypto, people are all experts, they don’t want the government involved. But then when something goes wrong, or they have been robbed they instantly expect the government and tax payer to intervene and get their funds back.

    • @tomorrow4eva
      @tomorrow4eva Год назад +6

      Oh yeah. Crypto people were so fast to go crying for someone else to offset their losses. Some people only appreciate regulation after they’ve been bitten. Sure, regulation stops you doing whatever you want, but it’s because someone else did that before you and it didn’t work out.

    • @y.r.9401
      @y.r.9401 Год назад +1

      Correct 💯

    • @moxictasculinity
      @moxictasculinity 10 месяцев назад

      Finally a real comment. Been scrolling through bots comments to find a real one

  • @AvaCharlotte-pn6iv
    @AvaCharlotte-pn6iv Год назад +601

    I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 31% and being cautious. Still better deal than letting it sit in savings or checking earning near 5% interest

    • @mariabrandon-6064
      @mariabrandon-6064 Год назад

      Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money

    • @JoseLuis-zn5tb
      @JoseLuis-zn5tb Год назад

      @kumarsingh.. Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation

    • @JoseLuis-zn5tb
      @JoseLuis-zn5tb Год назад

      @kumarsingh.. This is useful information; I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

  • @AstaKristjan
    @AstaKristjan Год назад +281

    It is not always fear. Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value.

    • @LarsBergstrom-uh2eu
      @LarsBergstrom-uh2eu Год назад +4

      This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name MICHELLE CHRISTINE PARKER and everything changed. I started enjoying huge returns from my investment.

    • @simonbad
      @simonbad Год назад +3

      @@LarsBergstrom-uh2eu Really? Well, I used to have a professional but his license was withdrawn along the line, so I continued on my own. Anyway, how can I reach your adviser or someone as good?

    • @LarsBergstrom-uh2eu
      @LarsBergstrom-uh2eu Год назад +1

      @@simonbad She is available on the web for more information.

    • @rikirex2162
      @rikirex2162 Год назад +1

      @@LarsBergstrom-uh2eu knowledge my bum...is about awareness...accept that is all a big rigged casino and find your own way of defense...Trading isn't investing...2 different things.

  • @abdullahulug8752
    @abdullahulug8752 Год назад +49

    Can't deny the fact that *VRI TOKEN* has the strongest bet to bring lights back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good but the pressure is too high and I think they will keep proper liquidity rather than these others. Don't see them going bankrupt any time soon.

  • @jameswood9772
    @jameswood9772 Год назад +660

    I agree the stock market is a very good way to make passive income. I have heard of several investors who were making more than $40k a month from the market. I'm ready to go into the market now, but I'm careful to not make a mistake. Or are there are safe bets?

    • @alexyoung3126
      @alexyoung3126 Год назад +3

      It's hard to beat the market as an ordinary investor. You don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.

    • @lawerencemiller9720
      @lawerencemiller9720 Год назад +1

      The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market

    • @johnlennon232
      @johnlennon232 Год назад +2

      Wow! This is just mind-blowing. I have set aside $80k since the start of the year, but I've been hesitant to go into the market by myself because of fear of a crash. How about you recommend your financial advisor, please? I could really use some help.

    • @lawerencemiller9720
      @lawerencemiller9720 Год назад +4

      Lisa Angelique Abel is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.

    • @johnlennon232
      @johnlennon232 Год назад +2

      Thanks for sharing, I just looked her up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.

  • @bulanik.xvideolar.x5631
    @bulanik.xvideolar.x5631 Год назад +45

    I really appreciated this video, as a medium-term *VRI TOKEN* holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your earlier assessment. This will crush the market.

  • @ŞahinKocakaya-d3e
    @ŞahinKocakaya-d3e Год назад +52

    I still think *VRI TOKEN* has a great future because it's owned by amazon. Also I don't hear anyone about DFI? Taking the biggest blow right now. From 5000 euros to 330.... will this still work out in the future? And since BTC will fall even further I think we haven't seen the bottom yet!

  • @senoldestireci3893
    @senoldestireci3893 Год назад +43

    What a statement, damn. So it's said that *VRI TOKEN* is just about to launch and I think that will really change a lot of what was happening in the previous years, 2023 will shine yay

  • @oyun_kolu.
    @oyun_kolu. Год назад +101

    I did not believe that after the whole FTX drama there's any good to get this year but *VRI TOKEN* proved otherwise. Bad timing maybe but it's a great adoption to get this more to the mainstream and raise awareness. Probably a high contender for a top 100 growth

  • @FlyingFun.
    @FlyingFun. Год назад +6

    It's gambling straight up, if people want to do that then it's up to them but I am sticking with boring old index funds for the main part of my portfolio.

  • @fatihkilic4792
    @fatihkilic4792 Год назад +556

    I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on *VRI TOKEN* is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem

    • @jerryhernandez4479
      @jerryhernandez4479 Год назад

      vri token is taken the virtual world above the ground

    • @joelschofield7357
      @joelschofield7357 Год назад

      i used the day trading in vri token site and it made me 25k usd , withdawal took about 3 days though

    • @miawilliamson1082
      @miawilliamson1082 Год назад

      i like how they have reduce the minimum purchase to $300 on vri token thats better

    • @MarrielleThornton
      @MarrielleThornton Год назад

      i bought 2k usd worth vri token and it took 3 days to be delivered

    • @miguelhurst559
      @miguelhurst559 Год назад

      made great money using the vri token

  • @Natalieneptune469
    @Natalieneptune469 Год назад +237

    Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.

    • @smithlenn
      @smithlenn Год назад +3

      Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

    • @Robertgriffinne
      @Robertgriffinne Год назад +3

      true, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

    • @Natalieneptune469
      @Natalieneptune469 Год назад +2

      Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.

    • @Robertgriffinne
      @Robertgriffinne Год назад +5

      Kate Elizabeth Amdall, is my advisor with fidelity, she is a fee only. Matter of fact you consult with her for free, she has her clients best interest at heart. I have been working with her since I turned 47. She is a busy woman but she can offer you guidance if you get her attention.

    • @Natalieneptune469
      @Natalieneptune469 Год назад +1

      I'll like to get through to her. And I think I have heard that name on the news before. Can't remember if it was CNBC. Any idea if she can transfer my already existing portfolio from another hedge fund?

  • @tunababa31
    @tunababa31 Год назад +53

    Can't deny the fact that *VRI TOKEN* is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good, but I don't see that the biggest tech company in the world would put everything at risk just for that.

  • @ocabj
    @ocabj Год назад +30

    "Aerotyne International is a cutting edge tech firm out of the Midwest, awaiting imminent patent approval on a next generation of radar detectors."

    • @gfuah1499
      @gfuah1499 Год назад +3

      You got me. Make it 20k!

    • @ocabj
      @ocabj Год назад +8

      @@gfuah1499 "Let me lock in that trade right now and get back to you with my secretary with an exact confirmation."

    • @noneofyourbeeswax371
      @noneofyourbeeswax371 Год назад +1

      lol

    • @scott420
      @scott420 Год назад +2

      Love this scene

    • @tyresejackson2601
      @tyresejackson2601 Год назад +3

      ​@@ocabjwolf of wall street baby

  • @victorlaranjahal
    @victorlaranjahal Год назад +295

    I guess that is why my portfolio is plummeting significantly, I’ve lost about $320k within a few months and I'm not confident about picking stocks anymore. Are there really no other options for me to gain from the stock market?

    • @stephenpotter21
      @stephenpotter21 Год назад +4

      Truth is that the market isn't quite stable at the moment, but if you make the right picks, you could make killer riches very quickly, although such profit usually needs expertise, as in hedge funds or financial managers. I personally prefer the latter.

    • @cloudyblaze7916
      @cloudyblaze7916 Год назад +3

      This is accurate. I worked as a financial advisor with Merrill Lynch and then as an independent financial manager. I have seen really great profits that can be made by picking the right stocks.

    • @legacymedia8468
      @legacymedia8468 Год назад +3

      Wow. Can you recommend a good financial advisor, since you've been in the business? Perhaps you know one with a good track record.

    • @cloudyblaze7916
      @cloudyblaze7916 Год назад +2

      I know a few, but *Sharon Louise Count* is my favorite. I think she has a contact website or something.

    • @albacus2400BC
      @albacus2400BC Год назад

      Thank you for this. I just checked her out and I sent her an email to schedule a call. I hope she gets back to me soon.

  • @cihant5438
    @cihant5438 Год назад +4

    Good advice for ALL investors. Not just penny stocks

  • @longdatedoptionsleaps6112
    @longdatedoptionsleaps6112 Год назад +4

    Simple DON’T TOUCH THEM !!!! Up to the individual to be smart !

  • @apricotcomputers7915
    @apricotcomputers7915 Год назад +6

    " There's a sucker born every minute " is a phrase closely associated with P. T. Barnum, an American showman of the mid-19th century,..
    🎉

  • @Direct.injection212
    @Direct.injection212 Год назад +4

    Remember: The letter Q used to be part of the ticker symbols for a stock trading on the Nasdaq, specifying that a particular company was in bankruptcy proceedings. If the letter Q appeared as the final letter of a Nasdaq symbol, it meant, "bankrupt: issuer has filed for bankruptcy," as the Nasdaq put it.

  • @emperium108
    @emperium108 Год назад +4

    Pretty sure brokerage accounts(at least the more legit ones) makes sure clients sign waivers before their accounts can trade in penny stocks/margins. So while a good chunk of blame should be on any scammer, some people are just too greedy for their own good.

  • @auro1986
    @auro1986 Год назад +5

    just because everyone is buying them makes it dangerous like almost any product you buy

  • @Mike-mi7vn
    @Mike-mi7vn Год назад +57

    I bought a stock once now it’s a penny stock 🥴

    • @Tribuneoftheplebs
      @Tribuneoftheplebs Год назад +8

      Bahaha same. Lost $200 😂 could have been a nice meal at a restaraunt 😢

    • @Mcfunface
      @Mcfunface Год назад +3

      ​@@TribuneoftheplebsOr rented a nice car for a day or two 😅

    • @mikafiltenborg7572
      @mikafiltenborg7572 Год назад +1

      MULN? 😅

    • @sanskarsharma1138
      @sanskarsharma1138 Год назад

      ​@@Tribuneoftheplebs in foreign USA a meal costs $200 that means ₹1600 in indian currency are you kidding me 😰

    • @Tribuneoftheplebs
      @Tribuneoftheplebs Год назад

      @@sanskarsharma1138 at a nice restaraunt for my family of 6 I do spend around $250 when including the tip. On special occasions

  • @djpuplex
    @djpuplex Год назад +2

    SPACS and Crypto as well.

  • @psr1776psr
    @psr1776psr Год назад +25

    Enron was a public company. It was once called a backbone of Wall St. Scammers are scammers. They existed for thousands of years and trying to generalize and/or pin-point it to certain section of the market/economy is a road to nowhere.

    • @noneofyourbeeswax371
      @noneofyourbeeswax371 Год назад +2

      Finally someone who uses their brain instead of buying into propaganda.

    • @mikafiltenborg7572
      @mikafiltenborg7572 Год назад

      MULN =SCAM

    • @the_investor9836
      @the_investor9836 Год назад +1

      Isnt about whether its an OTC stock or not but whether the investor does their due diligence and whether a company is perpetuating fraud. Plenty of fraud in large caps as well. That being said, most OTC stocks underperform the main indices.

    • @commando6261
      @commando6261 Год назад +1

      How did they exist for thousands of years?

    • @tomorrow4eva
      @tomorrow4eva Год назад

      Amen.

  • @deryakurnaz8305
    @deryakurnaz8305 Год назад +120

    Anyone else feeling messed up with all the bad happening? Glad that *VRI TOKEN* is giving power to the people which is not what I personally expected but it's there and everyone can get a good share of that. Don't just take my words on this, best is if you have a grasp yourself what they wanna do and what the vision is like. Probably something which will change the next generations and decide if it makes sense to run digital currencies or not

  • @dlhfm4281
    @dlhfm4281 Год назад +2

    Guys, if penny stocks are too risky for you, buy deep OTM SPY options! You can at least feel good about your donation to wall street

  • @FinGeek4now
    @FinGeek4now Год назад

    I never invested in penny stocks, though I have traded in them using per-minute technicals. Made a ton of profits percentage-wise, but the actual profit dollar amount wasn't anything to write home about.

  • @owens664
    @owens664 Год назад +275

    We had the bear market last year. Things were pretty bad. 9% inflation, war began in Ukraine, Gas prices up big, FED at the beginning of raising interest rates. With all that we only had a minor bear market. Things are better now. FED is close to the end of rate hikes, low unemployment, inflation coming down, yet still a lot of gloom and doom which is contrarian. We've been in a bull market since Dec. I went all in last Oct. pretty close to the bottom. I don't think we will get another bear market this close to the last one. Am in the QQQ and am up 71.5% for the year right now. I think the long term trend is bullish. We will soon be in an election year too, which is usually bullish. However I do think we will get a correction pretty soon. It may have already started. But it's pretty hard to trade those. You have to get the sell just right and the buy back just right. I'm tempted to try to catch it. Oct is coming up too. No one can predict the market. But my best guess is long term bullish short term bearish until January. Maybe I should sell half. Not sure yet. I'm just an ordinary investor. Most of my money is in real estate. If I sell all my stock where do I put the cash? I Just buy and just trade long term more than ever, I have made over 14btc from day trading with Jacob Kucia Signal in few weeks, would advise y'all to trade your asset rather than hold for a future you aren't sure about.

    • @Kellyhyunn
      @Kellyhyunn Год назад

      Simple step-by-step process, excellent communication and response times. The service was extremely streamlined and friendly throughout. Would recommend them to anyone give him a reply

    • @jammiewebster
      @jammiewebster Год назад

      His Strategy minimizes risk and maximizes profits. Trading with him has been incredible throughout the last few months, and I would recommend his strategy to any one..

    • @ElianteWish
      @ElianteWish Год назад

      What's his Telegram
      Asking ?

    • @owens664
      @owens664 Год назад

      Cpkucia

    • @ElianteWish
      @ElianteWish Год назад

      Thanks for dropping this information, I just sent him a detailed message on tele

  • @mikebostic9518
    @mikebostic9518 Год назад

    Ive traded penny stocks myself. And yes ive made money but its sad to see so many get duped into buying a penny stock because it looks cheap. Do the research people theres no reason to be scammed.

  • @Davethreshold
    @Davethreshold Год назад +1

    1. I just checked the price of Facebook. When it first hit the scene, it was, I think, about $30.00 USD. I watched for over a year and it sat there like Humpty before he fell, so I quit watching. It is now $287.00 USD!!
    2. Years ago I guy I knew at work bought a bunch of penny stocks all in black crude. They sat there, and as far as I know, they never moved up another penny.

  • @GreenWaifu
    @GreenWaifu Год назад +5

    Penny stocks can be a dangerous game. The rise of retail investors might mean more people falling into traps. It's disheartening how fraud can easily prey on innocent traders. Remember, the allure of quick gains can lead to massive losses. Stay informed and cautious, folks.

  • @GlizzyConnoisseur
    @GlizzyConnoisseur Год назад +6

    Sir, this is a casino.

  • @Jahguaar
    @Jahguaar 4 месяца назад

    Knowledge supports growth.

  • @iuordanmatkov261
    @iuordanmatkov261 3 месяца назад +1

    just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

  • @Milesdeutscher127
    @Milesdeutscher127 Год назад +9

    I used to think every investor went broke during recessions, meanwhile some make millions. I also thought everybody went out of business during the Great Depression, but some went into business. Bottom line, there's always depression for some, and profit for others, it all starts from having the right mindset. That said, I've set asides $250k to invest for future, unfortunately l'm a complete noob.

    • @jessicasam2516
      @jessicasam2516 Год назад

      The market has gone berserk! regardless of experience level, everyone needs a sort of coach at some point to thrive forward.

    • @cooperhayes7055
      @cooperhayes7055 Год назад

      True, A lot of folks downplay the role of professionals until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

    • @Isabella_jovita
      @Isabella_jovita Год назад

      How can I contact your
      coach as my portfolio is dwindling?

    • @donalddavis4387
      @donalddavis4387 Год назад

      Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

    • @dstutz
      @dstutz Год назад +2

      Spammers are losers, get a job

  • @mikepepper8395
    @mikepepper8395 Год назад +6

    I've done relatively well with some penny stocks. Particularly in the mining sector. But the risks are on the extreem end of the curve.

  • @autofill5073
    @autofill5073 6 месяцев назад

    Stocks are not lottery tickets, they are small pieces of a big business going through the financial of the business will give you a good understanding of the intrinsic value of the company
    Penny stocks are not bad until the underlying company behind them is paying dividends and have a good and healthy business for an investor to value

  • @UltraGiantMeteor2024
    @UltraGiantMeteor2024 Год назад +3

    Too bad the SEC couldn’t be this attentive to all the congress insider trading 🤣

  • @akampfer
    @akampfer Год назад +2

    I wonder that myself. I never had any luck with them.

  • @M1999-v4v
    @M1999-v4v Год назад

    It's so many investing scams. This is why saving money will always be the best option. Hey it may take longer and slower, but at least I know I would not never scam myself. I trust no one but God and myself with my money.

  • @mikevondebag
    @mikevondebag Год назад +2

    Use this comment as a like button if you wish RUclips would do a better job at enforcing bots in the comments.

  • @myopinion4136
    @myopinion4136 Год назад

    Like many people I had beginners luck, that was fun, soon after that you 'buy' something that you can't sell. I had no confusion about high risk, that was well known

  • @metinkaya04
    @metinkaya04 Год назад

    I still think *VRI TOKEN* has a great future because it's owned by VRI . Also I don't hear anyone about DFI? Taking the biggest blow right now. From 5000 euros to 330.... will this still work out in the future? And since BTC will fall even further I think we haven't seen the bottom yet!

  • @platomaker
    @platomaker Год назад +3

    Certain pharmaceutical companies are penny stocks, they do research and they present at public conventions. Should I still be wary of such companies?

    • @expensivefreedom
      @expensivefreedom Год назад +6

      I’ve been working in the markets full time for two years now. Believe me, there isn’t a company in the market you shouldn’t be wary of. People lose fortunes when they stop being paranoid with due diligence.

    • @tomorrow4eva
      @tomorrow4eva Год назад

      Of course you should. You should be wary of every company, at least a little. Even Forbes gets fooled by companies built on fraud. Every industry has bad or fraudulent companies.

    • @robertedmond6596
      @robertedmond6596 Год назад +1

      If you look at the 5 year chart and see the company has flatlined, yes...

  • @flightlinevr6302
    @flightlinevr6302 Год назад +7

    Since they big exchanges allowed SPAC IPOs they are not better than pink sheet/OTC exchanges. 95% of SPAC are toxic waste.

  • @Dfm_Sushil
    @Dfm_Sushil Год назад +2

    Make more videos about stock market related.

  • @dogan9961
    @dogan9961 Год назад

    Great video! I have a question, I have two fraud inquiries on my reports that I would like to get removed. I've seen your video regarding this, but Im still a bit confused. So I know my first step would be making a call with the credit bureau (Experian) but should I also make call what time? And would I be never stop sending a good compny *VRI TOKEN* to my friends and people I know regarding any credit situations

  • @serhat1
    @serhat1 Год назад

    You CAN check their financials. There are also large companies trade as Pink stocks.

  • @mikestarks8464
    @mikestarks8464 Год назад

    it's not a superstore...it's a casino with a small handful of market makers controlling it

  • @analienfromouterspace
    @analienfromouterspace Год назад +11

    Oh yeah I hold few of those, down by 91% and nothing after for over 2 years, good thing I didn't bought much, just what I can afford to lose.

    • @Tribuneoftheplebs
      @Tribuneoftheplebs Год назад +4

      Sounds like me and investing in the Canadian Weed companies. Lost $200 😔

    • @saulgoodman2018
      @saulgoodman2018 Год назад +4

      That's the way to do it. You put so little into them.

  • @hermanrogers1325
    @hermanrogers1325 Год назад

    This is why I don’t invest my money in my savings account. I just add to it every 30 days and watch it grow with out any risks. So who’s going to pay a investment 3,000 dollars every 30 days

  • @Mcfunface
    @Mcfunface Год назад +2

    A fool and his money...

  • @d4nt3_023
    @d4nt3_023 Год назад +1

    “I've been getting dirty money; Jordan Belfort
    Stacking penny stocks while I'm flipping these birds”

  • @gyg1910
    @gyg1910 Год назад +5

    I lost 2k on penny stocks 😢

    • @hellzshotgun
      @hellzshotgun Год назад +1

      Well.. at least it's a tax write off.

  • @Funktastico
    @Funktastico Год назад

    BYD also on OTC

  • @zmitch88
    @zmitch88 Год назад

    Subscribed.

  • @HabitualLine-Stepper
    @HabitualLine-Stepper Год назад +2

    Does this include WeWork..?

  • @mranthony1886
    @mranthony1886 Год назад

    Risk is fine for young people

  • @fallenkeith5885
    @fallenkeith5885 Год назад +1

    I mean, I made great money on microcaps. What's wrong with a little gambling as long as it's responsible? The reporters in this video make it sound like getting into penny stocks is like the world is ending lol

  • @jakubageter1689
    @jakubageter1689 Год назад +51

    I recently made more purchases. Saving money for a market downturn is likewise a bad idea. There are numerous ways to look at recessions and depressions, we cannot always expect to make large returns, and taking chances is better than doing nothing. The bottom line is that you will achieve remarkable results by diversifying your portfolio and making wise decisions. My portfolio's raw earnings rose by $608k in just 5 months.

    • @AnnieBeischel
      @AnnieBeischel Год назад +2

      Despite my confidence in your advice, my recent stock purchases, and the fact that I am an AMC shareholder, I haven't been able to accumulate anything. I had already been in the hole for too long prior to the downturn. What's the investing procedure?

    • @Adrianjacek-
      @Adrianjacek- Год назад +1

      @@AnnieBeischel I don't invest in a single fund because I have a range of jobs. I don't behave at all like that. My behaviour is modelled after that of Stacey Lee Decker, a seasoned financial advisor licenced by the Securities and Exchange Commission (SEC) of the United States. My returns have since climbed swiftly in contrast to the IRA's gradual development. What I have is only used by her trades; very few truly specialised companies.

    • @Adrianjacek-
      @Adrianjacek- Год назад +1

      You may look her up online and confirm her for yourself. She has extensive knowledge of the financial markets.

  • @jburdman7
    @jburdman7 Год назад

    The one time I got a pamphlet in the mail gushing about some stock. This was going to be a POWERHOUSE WINNER. I thought well you wouldn't be talking to me then. So I looked the stock up. It turned out to be an optometrist with three locations in the mid west. The facts had no resemblance to what was claimed in the mailer. Not knowing a catalyst for optometry shops to explode in value outside of perhaps being offered nice money for any real estate they might own I took a pass. A special place in hell awaits people who promote such fraud.

  • @franko8572
    @franko8572 Год назад +1

    Cuz they’re cheap and people are willing to gamble and take the risk that their 2¢ investment per share will blow up to $1+ each.

  • @TracyEnochs
    @TracyEnochs Год назад

    Roughly $120K in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.

    • @ArthurBuchanon
      @ArthurBuchanon Год назад

      The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

    • @jamescryptoguru-md9nv
      @jamescryptoguru-md9nv Год назад

      @@ArthurBuchanon very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisorr, you can be passively involved with the aid of a professional.

    • @MiguelLopes-fi6fz
      @MiguelLopes-fi6fz Год назад

      @@jamescryptoguru-md9nv wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

    • @jamescryptoguru-md9nv
      @jamescryptoguru-md9nv Год назад

      @@MiguelLopes-fi6fz "SOFIA ERAILDA SEMA"

    • @jamescryptoguru-md9nv
      @jamescryptoguru-md9nv Год назад

      That's my licensed Financial advisor you can easily look her up, Thank me later!

  • @cybertrk
    @cybertrk Год назад +1

    People think their money is “in” the equity they purchased… the money is 100% gone after you buy an equity.

    • @lakb2482
      @lakb2482 Год назад

      Ain’t that the truth !! You just have to be smart about where you put it and have some type of understanding of how things work!!

  • @TheMadisonHang
    @TheMadisonHang Год назад

    Round up, round down lol

  • @Xenon-4300
    @Xenon-4300 Год назад +5

    What this video fails to address is the fact that not everyone is an investor. Penny stocks are great for day traders who want to get in and out of a trade fast.

  • @hustle2muscle
    @hustle2muscle Год назад

    Buy high sell low

  • @davedave4232
    @davedave4232 Год назад +1

    Oh please... do a report about INSIDER TRADING!! Stop blaming the small guy!! Go for the Big Fish!! 😂

  • @timh.1300
    @timh.1300 Год назад

    Mullen will be one penny stock that has real potential !
    Muln long !

  • @mariasimpson9628
    @mariasimpson9628 Год назад +7

    I'm left wondering what 2023 has in store for us investors as I've been sitting on over $745K equity from a home sale and I'm not sure where to go from here. Is it a good time to buy or do I wait? Major indices recorded their worst yearly performance since 2008 as a result of drivers like the recession, war, hiked interest rates, and inflation, which so far doesn't seem to be slowing down.

    • @maxwelltroy2375
      @maxwelltroy2375 Год назад

      Grab the chance to acquire stocks on sale while they're still available since it's a wonderful time to invest in the market. There are still quite a few stocks that make for a good buy this season; you just have to do your research. However, to be on the safe side and avoid second-guessing your market decisions, I'd suggest you seek out the advice of a qualified investment adviser. They are better equipped at understanding market patterns/movements and adjusting portfolios to match up with these market trends.

    • @gilbertbrien2280
      @gilbertbrien2280 Год назад

      I truly need professional assistance because I'm near to retirement and my portfolio has lost over 15% in just the past month alone. Have you ever worked with an investment adviser? If not, who would you suggest?

    • @filipxavier1041
      @filipxavier1041 Год назад

      My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. Haha.

    • @christinajurado9180
      @christinajurado9180 Год назад

      For real, I've wanted to switch to a wealth manager. Please, could you recommend yours?

    • @filipxavier1041
      @filipxavier1041 Год назад +2

  • @jonni235
    @jonni235 4 месяца назад

    Crypto + Stocks = say Goodbye to your savings to the hand of the ultra rich

  • @walterpreston9663
    @walterpreston9663 Год назад

    If only you knew but this game is sold not told.

  • @jonathanszuch3557
    @jonathanszuch3557 Год назад +1

    TMC, ocean mining baby. $1.20 now, gonna be big in 2025 when they start. get in early lol

  • @Ukrainian-woman-of-your-dreams
    @Ukrainian-woman-of-your-dreams 3 месяца назад

    Penny stocks...you get what you pay for a $0.01 each.😂

  • @tomar81
    @tomar81 Год назад +13

    They are trying to discouraged random people from playing their game because they are afraid of another short squeeze

    • @FlyingFun.
      @FlyingFun. Год назад

      Just what I was thinking.
      Not that I'm buying penny stocks but the timing is always interesting on these "news" pieces.

  • @TakebackAmerica-yb1vv
    @TakebackAmerica-yb1vv Год назад

    They watch your news reports😂

  • @PINK-A-LOT
    @PINK-A-LOT Год назад

    Is this about the Movie?

  • @HumbertoTovarR
    @HumbertoTovarR Год назад +13

    This is exactly what crypto is and does.

  • @christopherwunderlich7512
    @christopherwunderlich7512 Год назад

    If you hit the right one you get a Tenbagger and get paiiiid

  • @vinzanity68
    @vinzanity68 Год назад

    Sa mailad lang. Stock market is the biggest scam.

  • @bmeht
    @bmeht Год назад +3

    Nothing ever really changes.

  • @anilprasanna
    @anilprasanna Год назад

    Nvidia and tesla is trading like a penny stock

  • @psp785
    @psp785 Год назад +22

    Technically penny stocks are anything under $5

    • @mikea5745
      @mikea5745 Год назад +11

      Yes, that is what they stated in the video. Good job catching when they said it and showed it on screen. Easy to miss the 72 point font they used

  • @mazda3jdm
    @mazda3jdm Год назад +2

    Sponge tech was a good one.

  • @bdml77
    @bdml77 6 месяцев назад

    Moon Market is the biggest penny stock pump and dumper out there

  • @maestrovso
    @maestrovso Год назад

    Most people wants to get rich quick would rather skep the homework. Homework is hard.

  • @michaelmole5435
    @michaelmole5435 Год назад

    Its all a place to park money and not have to pay taxes becoming disgusting

  • @ArtstradaMagazine
    @ArtstradaMagazine Год назад

    Hypersolar... hehe..

  • @Oneonone2020
    @Oneonone2020 Год назад +1

    if your getting scammed in 2023 on these stocks then you deserved it lol.

  • @akitkat8157
    @akitkat8157 Год назад

    I don’t trust penny stocks, not worth it !

  • @amanryan6803
    @amanryan6803 Год назад

    Lol, you could have bought Bitcoin for a penny ....it's 25,000 right now ....for 1....

  • @josephcarland
    @josephcarland Год назад +2

    People have been learning and studying from Wolf of Wallstreet.

  • @antimatter7629
    @antimatter7629 Год назад +4

    Delusionally desperate people hoping to succeed with a get rich quick scheme, or following a shady advisor online. Sadly they are doomed to only become more destitute. Btw give it a day and these comments will have replies from bots advertising those shady advisors.

  • @XOPOIIIO
    @XOPOIIIO Год назад +7

    If you buy a small shop for $1 million and can't sell it tomorrow for the same price, it doesn't mean your shop is a scam nor does that mean it's a risky business. Low liquidity is just intrinsic property of any small cap asset.

    • @the_investor9836
      @the_investor9836 Год назад +5

      Isnt about whether its an OTC stock or not but whether the investor does their due diligence and whether a company is perpetuating fraud. Plenty of fraud in large caps as well. That being said, most OTC stocks underperform the main indices.

    • @tomorrow4eva
      @tomorrow4eva Год назад +3

      Yes, people forget stock exchanges are essentially Facebook marketplace for equity. Sometimes no one wants to buy what you’re selling.

  • @Fj8282haha
    @Fj8282haha Год назад

    Richard Brandon and it’s virgin galactic is pretty scam!!!!

  • @Noojtxeeg
    @Noojtxeeg Год назад +2

    Lol I highly doubt the target audience of Penny Stocks care. They're too busy thinking about how much "money" they could be getting