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Online Share Trading

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Red Hot Penny Rubbish?

Reply
Not applicable
a good trader thinks more like the casino than the gambler, so no, it is not gambling
0 Kudos
Sugar_Snap
Frequent Contributor
And don't forget Jack Milne !!! Also the same kind of stategy years ago when he was on top of his game.
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NJ_1
Frequent Contributor
Where can I buy shares in tradingguru? I think it's going to make a lot of money through charging people R250 per month for information that they can get for free.
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THRESHOLD
Super Contributor
Yes, RHPSTOCKS is a lot of retail crock, but... Carefully chosen penny stocks will outperform over time. The problem is that the best are usually not publicised sine they are too iliquid to trade and lack the "retail story" (we found gold in dem dar hills etc.) They can take ages to realise value. But when they do...! The real trick is to avoid the traditional 10c punts and fleece the market listings (gold, platinum, the latest IT idea...) There are industrial co's with DCF values of north of a Billion trading with market caps of R200m. That won't happen in the big stuff.
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Enzed
Frequent Contributor
Tried to get RHPS to let me take a month to month subscription - not interested - have to pay for a year - then if I'm not happy apply for a refund!! Now I see they are offering R10 payment for 3 services nogal.After 3 months they bill you for the year for all 3 services at full price without further communication! A couple of grand - three something -If they are genuine why not offer the services for R10 and then if you like it you decide and subscribe for the full story.Seems to me they are relying on the fact that after 3 months you will forget to tell them to shut it off!And wham you will suddenly find the charge on your credit card!
0 Kudos
Enzed
Frequent Contributor
Tried to get RHPS to let me take a month to month subscription - not interested - have to pay for a year - then if I'm not happy apply for a refund!! Now I see they are offering R10 payment for 3 services nogal.After 3 months they bill you for the year for all 3 services at full price without further communication! A couple of grand - three something -If they are genuine why not offer the services for R10 and then if you like it you decide and subscribe for the full story.Seems to me they are relying on the fact that after 3 months you will forget to tell them to shut it off!And wham you will suddenly find the charge on your credit card!
0 Kudos