Entry

When is "The Stockster" Going to Post More Stock Picks?

Apr 5th, 2006 02:51
David Cowgill, http://www.stockster.net/the-stockster-more-stocks-coming-soon/

For the past several days, “The Stockster” web site has displayed the 
following message instead of a recommended stock for the day:
"More Stocks Coming Soon!!!!!!!!!!!!!!!!!!"
Now they usually have a new stock pick by Monday morning but what 
happened this week? Did they finally get busted for their “pump and 
dump” routines or are they deligently working hard to find the next 
penny stock winner? It’s hard to say….maybe they are just out buying 
their new Porsches’ with the hard earned money we bought their stock 
picks with.
You would think that with someone like “The Stockster“, I’d have the 
inside track on slick ways to trade the market, wouldn’t you? There is 
only one thing. Each individual is busy selling his or her own unique 
stock trading strategy. As I bounced from trying one trading strategy 
to the next, I began to realize that many of these techniques did not 
work as predictably as I had expected.
At one point, I even turned to penny stocks thinking they were the way 
to make big money in the market. After all, 5,000 shares of a stock 
made you feel like a pretty big investor. But in the end, even a $1.50 
stock could become a .75 stock overnight, on some little ripple in the 
company’s game plan, and poof! Half your grubstake…gone! And, since 
penny stocks are usually so thinly traded, it took a “month of 
Sundays” just to execute a sell order. Meanwhile you watched as your 
sell order single-handedly brought the stock’s value down far below 
what you were hoping to get for it.