If you follow a sell and hold strategy by taking the stocks that the promoters tell you to buy, and you sell them instead, you will make money. You will need to spread out your timing so that you are less vulnerable to some of the pops and pumps, but overall you will be in the black in the long run as most of these companies eventually trade to zero.
We are still working on the research for this portFAILio project, if you are interested in working, comment below.
http://pennystockalerts.com/ (why does this site have unclickable images from the WSJ etc.)
Wednesday, June 2, 2010
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