Penny Stocks Quotes

We've searched our database for all the quotes and captions related to Penny Stocks. Here they are! All 36 of them:

Give me a stock clerk with a goal, and I will give you a man who will make history. Give me a man without a goal, and I will give you a stock clerk.
J.C. Penny
She didn’t drink a lot, but she drank me into wonderland where we spent the time giggling and laughing. However, know this if you are able or leave while you still can. Love is unstable when built on what must come and go with the wind and sand. After a while, I heard the increasing activity from the hall as the campus was starting to come alive and I said to Penny, “I think we need to get to the bistro” and she responded by slipping one brown shoe delicately over her white nylon stocking.
Joseph L. Persia
He had always believed that his father had not been able to save a penny from the business, at least his father had never told him anything to the contrary, and Gregor, for his part, had never asked him any questions. In those days Gregor's sole concern had been to do everything in his power to make the family forget as quickly as possible the business disaster which had plunged everyone into a state of total despair. And so he had begun to work with special ardor and had risen almost overnight from stock clerk to traveling salesman, which of course had opened up very different money-making possibilities, and in no time his successes on the job were transformed, by means of commissions, into hard cash that could be plunked down on the table at home in front of his astonished and delighted family. Those had been the wonderful times, and they had never returned, at least not with the same glory, although later on Gregor earned enough money to meet the expenses of the entire family and actually did so. They had just gotten used to it, the family as well as Gregor, the money was received with thanks and given with pleasure, but no special feeling of warmth went with it any more.
Franz Kafka (The Metamorphosis)
Of course I was wearing my compelling red dress, thigh-high stockings, borrowed zebra print stilettos, black pushup bra, and nothing else. This was war.
Penny Reid (Love Hacked (Knitting in the City, #3))
The president, the secretary of state, the businessman, the preacher, the vendor, the spies, the clients and managers—all walking around Wall Street like chickens with their heads cut off—rushing to escape bankruptcy—plotting to melt down the Statue of Liberty—to press more copper pennies—to breed more headless chickens—to put more feathers in their caps—medals, diplomas, stock certificates, honorary doctorates—eggs and eggs of headless chickens—multitaskers—system hackers—who never know where they’re heading--northward, backward, eastward, forward, and never homeward—(where is home)—home is in the head—(but the head is cut off)—and the nest is full of banking forms and Easter eggs with coins inside. Beheaded chickens, how do you breed chickens with their heads cut off? By teaching them how to bankrupt creativity.
Giannina Braschi
The same system that once gave us subprime mortgage collateralized debt obligations no investor could possibly truly understand now gave us stock market trades that occurred at fractions of a penny at unsafe speeds using order types that no investor could possibly truly understand.
Michael Lewis (Flash Boys: A Wall Street Revolt)
and a heart that throbs most queerly. I’m queer for other queers, queer for their shapes and colors and sizes, queer for their tastes. I’m queer for the ruthless sea. I’m queer for all the little queer creatures in the tide pools. I’m queer for the light when it breaks the horizon and queer for it when it sinks behind the trees. I’m plain queer for these people and queer for this world. I’m downright queer in love with this wreck of a world, queer in love with love itself—love’s always queer, always arriving in our hearts from queer nowheres, queering everything—and there we are; wide awake all night, queer as queer can be; queer orphans, queer widows, queer boys, and queer girls; sorrel girls queer for ivory boys, daffodil boys queer for lilac girls; carmine girls queer for sable girls, cinnamon boys so very queer for boys of bluest milk. Wicked shepherds! Burn me at the stake and hang me from a tree. Clap me in the stocks; send me down the mine; set me in the burning fields. But I am queer. And I say, Here is water, bread, a dull penny. Here’re my old shirt, my plane and hammer, a roof I’ll help you raise above your head. Here is my queer old body, in a barn, behind a hedge, beneath a shadow, on a bare pallet—
Paul Harding (This Other Eden)
General Electric offered to do the job for $1.8 million, insisting the deal would not earn a penny’s profit. A number of exposition directors held General Electric stock and urged William Baker, president of the fair since Lyman Gage’s April retirement, to accept the bid. Baker refused, calling it “extortionate.” General Electric rather miraculously came back with a bid of $554,000. But Westinghouse, whose AC system was inherently cheaper and more efficient, bid $399,000. The exposition went with Westinghouse, and helped change the history of electricity.
Erik Larson (The Devil in the White City)
Somewhere the help don’t quit as soon as the boss walks out the door. I’m gonna need a dozen clean pens.” The lambing barn had four rows of pens against the long walls and back-to-back in the middle. At any one time the pens could hold eighty ewes and their lambs. When things went well, a ewe came into the barn on Monday and left on Thursday, and after her apartment was renovated the shepherd could install a newcomer. When a ewe had trouble – mastitis, milk fever, pneumonia, blue bag – the pens filled with sick sheep and the sheep housing stock shrank. Penny spent a couple hours examining the ewes in the barn, medicating those that needed it, turning others with their lambs out into the sunshine. She slipped bands on lambs’ tails, checked new mothers for milk supply, milked out ewes for their colostrum, ear notched bad mothers so they could be culled.
Donald McCaig (Nop's Hope)
Then came the so-called flash crash. At 2:45 on May 6, 2010, for no obvious reason, the market fell six hundred points in a few minutes. A few minutes later, like a drunk trying to pretend he hadn’t just knocked over the fishbowl and killed the pet goldfish, it bounced right back up to where it was before. If you weren’t watching closely you could have missed the entire event—unless, of course, you had placed orders in the market to buy or sell certain stocks. Shares of Procter & Gamble, for instance, traded as low as a penny and as high as $100,000. Twenty thousand different trades happened at stock prices more than 60 percent removed from the prices of those stocks just moments before. Five months later, the SEC published a report blaming the entire fiasco on a single large sell order, of stock market futures contracts, mistakenly placed on an exchange in Chicago by an obscure Kansas City mutual fund. That explanation could only be true by accident, because the stock market regulators did not possess the information they needed to understand the stock markets. The unit of trading was now the microsecond, but the records kept by the exchanges were by the second. There were one million microseconds in a second. It was as if, back in the 1920s, the only stock market data available was a crude aggregation of all trades made during the decade. You could see that at some point in that era there had been a stock market crash. You could see nothing about the events on and around October 29, 1929.
Michael Lewis (Flash Boys: A Wall Street Revolt)
There's never a perfect time to invest in stocks or the stock market, but there is a right time and a wrong time!
James Pattersenn Jr. (You Can Invest Like A Stock Market Pro: How to Use Simple and Powerful Strategies of the World's Greatest Investors to Build Wealth)
The soup is based on a traditional Scottish cauliflower cheese soup. I made a rich stock with ten assorted vegetables from the Rigley organic garden. We used their extra sharp cheddar and the double cream to thicken the soup. The sandwiches include soft muenster, slices of smoked ham, and a dollop of the Scottish marmalade for sweetness." Jenny smiled. "How did you make those crispy cheese sticks? The kids seem to really love them." Sophia answered. "We incorporated Parmesan and fresh dill in the dough." "And the fruit flowers? I have a sneaking suspicion that was not the work of our Scottish chef." Elliott grumbled under his breath. Sophia raised a brow. "I made the flowers. My girls loved it when I made vignettes with fruits and vegetables on their plates.
Penny Watson (A Taste of Heaven)
I present... the courtyard!" The curtain slid away to reveal a wall of glass. Several production workers slid the transparent panels along the tracks until the entire room opened up onto a massive outdoor kitchen. The contestants filed outside, stunned by the extravagance. It doubled the size of their workspace. Stovetops and grills were set into brick counters. Refrigerators were tucked safely under a canvas canopy. And best of all- most thrilling of all- was a lush, vibrant perennial border that surrounded the entire kitchen, filled with edible plants, herbs, and flowers. Bright orange nasturtiums nodded in the afternoon sunshine, tender peas twined about a chicken wire fence. Bees hovered over patches of fuzzy thyme. Sophia laughed out loud. This was utterly delightful. "Your dream come true, Miss Garden Fairy?" The Scot's thick arms crossed his chest. He looked utterly disinterested. "There are fully-stocked pantries inside, as well. But the outdoor facility takes advantage of our beautiful Vermont landscape. Edibles in the garden." Mr. Smith pointed to glass-fronted coolers. "Local cheeses and other dairy products." He sauntered over to the canopied area and the cameras followed him. Baskets of fresh produce lined the tables. "We locally farmed proteins, fruits, and vegetables. Honey. Maple syrup. Anything and everything you can imagine." He took a perfectly ripe strawberry from one of the boxes and popped it into his mouth.
Penny Watson (A Taste of Heaven)
In such stocks, you will see manipulated cycles of accumulation and distribution which are usually driven by the deliberate effort of a group of people usually acting in concert with those who control the stock. Penny stocks, or stocks which have low prices, and stocks where retail interest is the highest are susceptible to manipulation. Manipulation
Ashu Dutt (15 Easy Steps to Mastering Technical Charts)
Before hiring a broker, ask him about his commission schedule. You may be able to find this type of information by email or online—you need this information in order to know how much you will be charged per trade. You should also find out if there are bonus fees for shares that are trading at a low price. If
James Frostad (Penny Stocks: How to Buy and Trade Penny Stocks for Massive Profits)
Remember, in stock market you shouldn't squeeze for the last penny, but make a disciplined exit at your target. Avoid greed. Always follow your entry and exit points, which you have prepared well in advance.
Sudhir Dixit (How to See a Breakout, before it really happens: Breakout Signals in Descending Channels)
2. Don’t trade penny stocks. A penny stock is any stock that trades under $5. Unless you are an advanced trader, you should avoid all penny stocks. I would extend this by encouraging you to also avoid all stocks priced under $10. Even if you have a small trading account ($5,000) or less, you are better off buying fewer shares of a higher-priced stock than a lot of shares of a penny stock. That is because low-priced stocks are most often associated with lower quality companies. As a result, they are not usually allowed to trade on the NYSE or the Nasdaq. Instead, they trade on the OTCBB ("over the counter bulletin board") or Pink Sheets, both of which have much less stringent financial reporting requirements than the major exchanges do. Many of these companies have never made a profit. They may be frauds or shell companies that are designed solely to enrich management and other insiders. They may also include former “blue chips” that have fallen on hard times like Eastman Kodak or Lehman Brothers. In addition, penny stocks are inherently more volatile than higher-priced stocks. Think of it this way: if a $100 stock moves $1, that is a 1% move. If a $5 stock moves $1, that is a 20% move. Many new traders underestimate the kind of emotional and financial damage that this kind of volatility can cause. In my experience, penny stocks do not trend nearly as well as higher-priced stocks. They tend to be more mean-reverting (Mean reversion occurs when a stock moves up sharply from its average trading price, only to fall right back down again to its average trading price). Many of them are eventually headed to zero, but they are still not good short candidates. Most brokers will not let you short them. And even if you do find a broker who will let you short a penny stock, how would you like to wake up to see your penny stock trading at $10 when you just shorted it at $2 a few days before? I learned that lesson the hard way. It turned out that I was risking $8 to make $2, which is not a good way to make money over the long term. To add injury to insult, a penny stock might appear to be liquid one day, and the next day, the liquidity dries up and you are confronted by a $2 bid/ask spread. Or the bid might completely disappear. Imagine owning
Matthew R. Kratter (A Beginner's Guide to the Stock Market)
Then came the so-called flash crash. At 2:45 on May 6, 2010, for no obvious reason, the market fell six hundred points in a few minutes. A few minutes later, like a drunk trying to pretend he hadn’t just knocked over the fishbowl and killed the pet goldfish, it bounced right back up to where it was before. If you weren’t watching closely you could have missed the entire event—unless, of course, you had placed orders in the market to buy or sell certain stocks. Shares of Accenture traded for a penny, for instance, while shares of Hewlett-Packard traded for more than $100,000. Twenty thousand different trades happened at stock prices more than 60 percent removed from the prices of those stocks just moments before. Five months later, the SEC published a report blaming the entire fiasco on a single large sell order, of stock market futures contracts, mistakenly placed on an exchange in Chicago by an obscure Kansas City mutual fund. That explanation could only be true by accident, because the stock market regulators did not possess the information they needed to understand the stock markets. The unit of trading was now the microsecond, but the exchanges might report their activity in increments as big as a second. There were one million microseconds in a second. It was as if, back in the 1920s, the only stock market data available was a crude aggregation of all trades made during the decade. You could see that at some point in that era there had been a stock market crash. You could see nothing about the events on and around October 29, 1929. The first thing Brad noticed as he read the SEC report on the flash crash was its old-fashioned sense of time. “I did a search of the report for the word ‘minute,’ ” said Brad. “I got eighty-seven hits. I then searched for ‘second’ and got sixty-three hits. I then searched for ‘millisecond’ and got four hits—none of them actually relevant. Finally, I searched for ‘microsecond’ and got zero hits.” He read the report once and then never looked at it again.
Michael Lewis (Flash Boys)
I applied for an overnight stocking position at a supermarket, but I didn’t get the job. It probably went to somebody the manager knew. What, did I have to go to Harvard to get the kind of connections necessary to get an $8.00/hr job?
Jarod Kintz (At even one penny, this book would be overpriced. In fact, free is too expensive, because you'd still waste time by reading it.)
1. Give your toddler some large tubular pasta and a shoelace.  Show her how to thread the shoelace through the pasta. 2. Take an empty long wrapping paper tube and place one end on the edge of the sofa and the other end on the floor.  Give him a small ball such as a Ping Pong ball to roll down the tube.   3. Give her some individually wrapped toilet tissues, some boxes of facial tissue or some small tins of food such as tomato paste.  Then let her have fun stacking them.     4. Wrap a small toy and discuss what might be inside it.  Give it to him to unwrap. Then rewrap as he watches.  Have him unwrap it again.    5. Cut  such fruits as strawberries and bananas into chunks.  Show her how to slide the chunks onto a long plastic straw.  Then show her how you can take off one chunk at a time, dip it into some yogurt and eat it.   6. Place a paper towel over a water-filled glass.  Wrap a rubber band around the top of the glass to hold the towel in place.  Then place a penny on top of the paper towel in the centre of the glass.  Give your child a pencil to poke holes in the towel until the penny sinks to the bottom of the glass.   7. You will need a small sheet of coarse sandpaper and various lengths of chunky wool.  Show him how to place these lengths of wool on the sandpaper and how the strands stick to it.   8. Use a large photo or picture and laminate it or put it between the sheets of clear contact paper.  Cut it into several pieces to create a puzzle.   9. Give her two glasses, one empty and one filled with water.  Then show her how to use a large eyedropper in order to transfer some of the water into the empty glass.   10. Tie the ends/corners of several scarves together.  Stuff the scarf inside an empty baby wipes container and pull a small portion up through the lid and then close the lid.  Let your toddler enjoy pulling the scarf out of the container.   11. Give your child some magnets to put on a cookie sheet.  As your child puts the magnets on the cookie sheet and takes them off, talk about the magnets’ colours, sizes, etc.   12. Use two matching sets of stickers. Put a few in a line on a page and see if he can match the pattern.  Initially, you may need to lift an edge of the sticker off the page since that can be difficult to do.    13. You will need a piece of thin Styrofoam or craft foam and a few cookie cutters.  Cut out shapes in the Styrofoam with the cookie cutters and yet still keep the frame of the styrofoam intact.  See if your child can place the cookie cutters back into their appropriate holes.        14. Give her a collection of pompoms that vary in colour and size and see if she can sort them by colour or size into several small dishes. For younger toddlers, put a sample pompom colour in each dish.   15. Gather a selection of primary colour paint chips or cut squares of card stock or construction paper.  Make sure you have several of the same colour.  Choose primary colours.  See if he can match the colours.  Initially, he may be just content to play with the colored chips stacking them or making patterns with them.
Kristen Jervis Cacka (Busy Toddler, Happy Mom: Over 280 Activities to Engage your Toddler in Small Motor and Gross Motor Activities, Crafts, Language Development and Sensory Play)
Here’s the deal.” She sat on the bed next to me and grabbed my hand, cradling it in her own. Let me repeat that. Sienna Diaz—movie star, hilarious comedian, and all-round extraordinary human being—sat on the bed next to me and grabbed my hand. And it was not an hallucination. Life is so weird. “I am obsessed with your lemon custardcakes,” she confessed on a rush. “Obsessed. But your bakery hasn’t been carrying them for over a week.” “Oh, sorry about that.” She shook her head quickly. “Don’t apologize. Here’s the deal: if and when you’re feeling up to it, I want to pay you—handsomely—to keep me well stocked in lemon custard cakes for the next six months. And maybe for the rest of my life. And my children’s lives.” I cracked a smile because the woman was funny. “You don’t have to pay me. I’ll be happy to do it for you.” She shook her head. “No. No, no, no. I’m paying you. You’re being put on retainer. I’ll have my lawyer draw up a contract. We’re making this official, because I need those cakes, and I want to be able to hold you accountable in a court of law if you don’t deliver.
Penny Reid (Beard Science (Winston Brothers, #3))
Making mistakes is a required part of learning.
Brian StClair (Stock Investing: Cardinal Rules for Passive Income (Stock Trading System, Trading, Stock Investing, Stocks, Penny Stocks, Investing, Investment Book 1))
Paul tells us: “because our gospel came to you not only in word, but also in power and in the Holy Spirit and with full conviction” (1 Thessalonians 1:4 – 5). The gospel they believed and received wasn’t just a theological construct or a churchy platitude. Sure, it came through spoken and written words, and it was preached, taught, and shared. But it also came in power. Often Christians are either “word” people or “power” people. On the one hand, we may lean toward a rationalized Christianity. This type of Christianity holds to the gospel Word without gospel power. It preaches, teaches, catechizes, studies, memorizes, and shares the word but with little effect. It possesses “wise and persuasive words” but not “demonstration of the Spirit and of power” (1 Corinthians 2:4). This kind of Christianity can master systematic, biblical, and historical theology without being mastered by Christ. It can identify idols but remains powerless to address their power. Why? Because it replaces the power of the Spirit with the power of knowledge. On the other hand, there is an equal danger in spiritualized Christianity. Such Christianity prays, sings, shouts, and claims victory over a lost world without lifting a finger to share God’s gospel. It is not enough to pray for power; we must proclaim God’s Word. The power of the Spirit works through the proclaimed Word. Faith comes by hearing, and hearing by the word of Christ. My pastor during college, Tom Nelson, always said: “Don’t just stand on a shovel and pray for a hole.” Spiritualized Christianity tends to stand and pray, emphasizing private or emotional experiences with God. What we need is prayer and proclamation, power and Word. The Thessalonians had word and power, they grew in understanding and experience, but they also had full conviction. It is not enough to have spiritual power and good theology. These must also be coupled with faith, an active embrace of God’s promises in Christ, which brings about conviction. Full conviction comes when we are set free from false forms of security and experience Spirit-empowered faith in the word of Christ. It springs from genuine encounter with Christ. Full conviction transcends intellectual doubt and emotional experiences, and in the silence of persecution it says: “Christ is enough.” True security, deep security, comes through the reasonable, powerful, Christ-centered conviction that Jesus is enough, not only for us but for the world. When we falter, the church is present to exhort, encourage, and pray for one another to set apart Christ as Lord in our hearts. May we toss out the penny stocks of the fear of man to invest deeply in the limitless riches of Christ.
Jonathan K. Dodson (The Unbelievable Gospel: Say Something Worth Believing)
95% of penny stocks are junk. I show you how to find the other 5%, and do it all without bribes or vested interests. Just good quality companies.
Peter Leeds (Penny Stocks for Dummies)
If she doesn't learn about data structures at home, she'll just learn about it on the streets." Sandra laughed. This was Greg's stock answer for all the age-inappropriate activities he tried to teach the kids. Most of them were odd, but benign, like computer programming. However some - like coaching them to win every argument by declaring, That sounds like something Hitler would say -were much less benign.
Penny Reid (Happily Ever Ninja (Knitting in the City, #5))
He has built a highly profitable securities firm, Bernard L. Madoff Investment Securities, which siphons a huge volume of stock trades away from the Big Board. The $740 million average daily volume of trades executed electronically by the Madoff firm off the exchange equals 9% of the New York exchange’s. Mr. Madoff’s firm can execute trades so quickly and cheaply that it actually pays other brokerage firms a penny a share to execute their customers’ orders, profiting from the spread between bid and ask prices that most stocks trade for
Morgan Housel (The Psychology of Money)
The highest-risk investments include: Futures Commodities Limited partnerships Collectibles Rental real estate Penny stocks (stocks that cost less than $5 per share) Speculative stocks (such as stock in new companies) Foreign stocks from volatile nations “Junk” (or high-yield corporate) bonds Moderate-risk investments include: Growth stocks (companies that reinvest most of their profits to grow the business) Corporate bonds with lower (but still investment-grade) ratings Mutual funds or exchange-traded funds (ETFs) Real estate investment trusts (REITs) Blue chip stocks Limited-risk investments include: Top-rated investment-grade corporate and municipal bonds The lowest-risk investments include: Treasury bills and bonds FDIC-insured bank CDs (certificates of deposit) Money market funds Practicing
Alfred Mill (Personal Finance 101: From Saving and Investing to Taxes and Loans, an Essential Primer on Personal Finance (Adams 101 Series))
Nudge’ acts as a kind of risk warning that pops up when users attempt to trade risky illiquid instruments and penny stocks.
ABHISH B (Zero to Billions - The Zerodha Story: An inspiring story on how a startup disrupted the Indian Stock Market (Indian Unicorns))
I’ll be rich one day, don’t worry,” he said. “I’m just advising you that I’m a penny stock.
Taylor Jenkins Reid
Can I get you a drink?' He stepped toward an old refrigerator. 'You used to stock it with beer,' said Clara, following him. "We'd have parties in your studio after class on Fridays.' 'Yes, can't do that anymore. New administration, new rules. Lemonade?' He offered them a beer.
Louise Penny (The Long Way Home (Chief Inspector Armand Gamache, #10))
The next time you go to the supermarket, look closely at a can of peas. Think about all the work that went into it—the farmers, truckers, and supermarket employees, the miners and metalworkers who made the can—and think how miraculous it is that you can buy this can for under a dollar. At every step of the way, competition among suppliers rewarded those whose innovations shaved a penny off the cost of getting that can to you. If God is commonly thought to have created the world and then arranged it for our benefit, then the free market (and its invisible hand) is a pretty good candidate for being a god. You can begin to understand why libertarians sometimes have a quasi-religious faith in free markets. Now let’s do the devil’s work and spread chaos throughout the marketplace. Suppose that one day all prices are removed from all products in the supermarket. All labels too, beyond a simple description of the contents, so you can’t compare products from different companies. You just take whatever you want, as much as you want, and you bring it up to the register. The checkout clerk scans in your food insurance card and helps you fill out your itemized claim. You pay a flat fee of $10 and go home with your groceries. A month later you get a bill informing you that your food insurance company will pay the supermarket for most of the remaining cost, but you’ll have to send in a check for an additional $15. It might sound like a bargain to get a cartload of food for $25, but you’re really paying your grocery bill every month when you fork over $2,000 for your food insurance premium. Under such a system, there is little incentive for anyone to find innovative ways to reduce the cost of food or increase its quality. The supermarkets get paid by the insurers, and the insurers get their premiums from you. The cost of food insurance begins to rise as supermarkets stock only the foods that net them the highest insurance payments, not the foods that deliver value to you. As the cost of food insurance rises, many people can no longer afford it. Liberals (motivated by Care) push for a new government program to buy food insurance for the poor and the elderly. But once the government becomes the major purchaser of food, then success in the supermarket and food insurance industries depends primarily on maximizing yield from government payouts. Before you know it, that can of peas costs the government $30, and all of us are paying 25 percent of our paychecks in taxes just to cover the cost of buying groceries for each other at hugely inflated costs. That, says Goldhill, is what we’ve done to ourselves. As long as consumers are spared from taking price into account—that is, as long as someone else is always paying for your choices—things will get worse.
Jonathan Haidt (The Righteous Mind: Why Good People are Divided by Politics and Religion)
The Rule of 72 is very simple: To determine how many years it will take an investment to double in value, simply divide 72 by the annual rate of return. For example, an investment that returns 8 percent doubles every 9 years (72/8 = 9). Similarly, an investment that returns 9 percent doubles every 8 years and one that returns 12 percent doubles every 6 years. On the surface that may not seem like such a big deal, until you realize that every time the money doubles, it becomes 4, then 8, then 16, and then 32 times your original investment. In fact, if you start with a single penny and double it every day, on the thirtieth day it compounds to $5,338,709.12. Are you starting to understand the power of compound interest? No wonder Einstein called it the greatest mathematical discovery of all time. Let’s assume a child is born today. For the next 65 years, she or her parents will deposit a certain amount into a stock mutual fund that pays an average annual return of 10 percent. How much do you think they need to deposit each day in order for her to have $1 million at age 65? Five dollars? Ten Dollars? In fact, a daily deposit of only 54 cents compounds to more than $1 million in 65 years. It really helps to start early.
Taylor Larimore (The Bogleheads' Guide to Investing)
Never buy a penny stock that has been recommended by a co-worker or friend.
Matthew R. Kratter (The Little Black Book of Stock Market Secrets)
Day traders trade with much smaller size and can get out of their losing trade for a very small loss. In fact, a good day trader can take numerous losses of as little as one penny. So you must learn to exploit one of your huge advantages. And this means stopping out a stock when it trades against your exit price.
AMS Publishing Group (Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners)
Don’t buy stocks that are hitting 52-week lows. Don’t trade penny stocks. Don’t short stocks. Don’t trade on margin. Don’t trade other people’s ideas.
Matthew R. Kratter (A Beginner's Guide to the Stock Market)
Don’t buy stocks that are hitting 52-week lows. Don’t trade penny stocks. Don’t short stocks. Don’t trade on margin. Don’t trade other people’s ideas. 1.
Matthew R. Kratter (A Beginner's Guide to the Stock Market)