He actually buys penny stocks

>He actually buys penny stocks

Umm yep. And I sell them too, and make lots of money doing it.

Ahah goteeeeeeeeeeem

Why would you buy huge-cap institution and HFT dominated stocks when you aren't trading with hundreds of millions of dollars?

Does the same thing not happen in penny stocks?

Because penny stocks are scams. Try doing some DD and seeing that their "office" is listed as a PO box in a mall.

No why would billion dollar institutions use their multi-million dollar computers on stocks with a market cap less than their yearly bonus?

Stocks in general are scams, they have no value apart from speculative value and they serve no purpose unless they pay dividends. All that matters is if you can sell it for more than you bought it for.

There's smaller funds you know.

They're not all multi billion dollar hedgefunds.

DURRRRRR

Penny stocks can be upward of $5 per share. Many stocks, like CERU, can make you rich.

protip: buy PURA on the dip. load up.

> He can't actually think of an argument as to why non-dividend paying stocks any inherent value.

DURRRRR indeed.

Because it's inherently less riskier?

>being afraid of hft

The risk/reward ratio is more polarized so you have to adjust your risk management accordingly.

penny stocks can make you rich as fuck or leave you broke as fuck.

the problem is people have no clue what they are doing.

buy a stock at .0001 and sell it at .0002 you make 100% on your money. But just because you bought at .0001 doesn't mean you can sell at .0002 because you didn't look into the stock and how its trading. Sure people make 100-500% all the time trading penny stocks but if you don't know what you are doing, you are the person giving those people money.

People want to yell out scam all the time when it comes to penny stocks.. well guess what? who cares? you can still make money if you know how penny stocks work. They trade thinly with a big spread learn how to work it, those people that yell out scam are actually sometimes paid bashers and they are trying to get the price down so that they can load up on it.

No, retard.

You're better off making money by CREATING pennystocks rather than trading them.

If they have no real value yet people still buy them what's the problem?

you can still make money.

You can make money jerking off and cumming into your mouth on camera too. Doesn't mean you should do it or that it's a good use of time.

It's a fools game unless you created the penny stock.

The durr comment was in reference to your little "but low sell high" comment. Did you get your econ degree at Yale or Princeton?

you could always jerk off and cum in your mouth while in a pennystock position and filling out a survey. but hey, im just saying, theres always ways to make money

Yes you CAN make money but it's very risky and not worth the trouble.

So much sketchy shit happens with these meme stocks you'd be surprised

This is literally retarded.

You have additional capital after expenses from the result of your productive labour - a company has a shortage of cash because it's capital is flowing towards R&D, it does not want to take a loan since it does not know when it's R&D will pay off nor does it know the value of it's R&D - it offers equity in exchange for capital to anyone with excess capital.
A broker offers access to the market on which these companies are listed on for a commission, and the exchanges offer companies to be listed on it with the fee going onto the brokers or anyone that wants to have a seat within the exchange such as institutional buyers.
A bank will offer savings accounts that don't even allow your money to catch up to inflation.

Who the fuck is getting scammed?

>So much sketchy shit happens with these meme stocks you'd be surprised
i dont think id be suprised. know alot more than the average joe about investing and forming publicly traded companies and how they are ran.

>he didnt buy MiloCoin

Ok, 'scam' is the wrong word. I'm saying the value of a stock that doesn't pay dividends is purely speculative.

Also wrong