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#1
Feb 10 2012 12:23am
Anyone know how they work?

Buying limits, etc.

If a stock is .0002 cents you can get a million shares for 200 bucks. If the price goes up to 1 cent you would be a millionaire.

Surely something is wrong with that

Anyone know?
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#2
Feb 10 2012 12:24am
You must be the first one to ever think of such an ingenious plan.
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#3
Feb 10 2012 12:25am
Quote (DoubleDouble @ Feb 10 2012 12:23am)
Anyone know how they work?

Buying limits, etc.

If a stock is .0002 cents you can get a million shares for 200 bucks. If the price goes up to 1 cent you would be a millionaire.

Surely something is wrong with that

Anyone know?


You realize .0002 to 1 cent is a 5000x increase?
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#4
Feb 10 2012 12:25am
Quote (HeyMan @ Feb 10 2012 01:24am)
You must be the first one to ever think of such an ingenious plan.


I am just wondering. Instead of trolling these forums and being a douche forgive me for trying to learn something. Dick
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#5
Feb 10 2012 12:25am
Most penny stocks fail.

If it goes up, great. If it goes down, it's that much closer to crumbling, and you lose all your money.
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#6
Feb 10 2012 12:26am
Quote (EggbertThorstein @ Feb 10 2012 01:25am)
You realize .0002 to 1 cent is a 5000x increase?


Yes. But if a company begins to "Take off", you would think the stock would rapidly grow
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#7
Feb 10 2012 12:27am
Quote (EggbertThorstein @ Feb 9 2012 10:25pm)
You realize .0002 to 1 cent is a 5000x increase?


100 millionaire...even better.

Quote (DoubleDouble @ Feb 9 2012 10:25pm)
I am just wondering. Instead of trolling these forums and being a douche forgive me for trying to learn something. Dick


lol

You are asking for cereal advice on the spammiest subforum this site has to offer?
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#8
Feb 10 2012 12:27am
Quote (DoubleDouble @ Feb 10 2012 01:26am)
Yes. But if a company begins to "Take off", you would think the stock would rapidly grow


pm casey hes pro at stocks but he migh tnot be on :(
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#9
Feb 10 2012 12:27am
Quote (AnimeFTW @ Feb 10 2012 12:25am)
Most penny stocks fail.

If it goes up, great. If it goes down, it's that much closer to crumbling, and you lose all your money.


Well.. what are odds next to the lottery?
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#10
Feb 10 2012 12:27am
Quote (DoubleDouble @ Feb 10 2012 02:25am)
I am just wondering. Instead of trolling these forums and being a douche forgive me for trying to learn something. Dick


My name isn't Dick.
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