Unless you have insider knowledge you are either going to be a loser or maybe one of the 0.01% who hit it really lucky. Basically everyone who's making money off these is either pushing the markets, a scammer, or has some type of inside information.
Years ago I was watching CBIS, one of the first if not hte first marijuana stocks. I had a buy order in at 0.07 cents. I was almost going to push it to 0.06 but decided not to. Long story short over the course of a couple days the stock was at like 1.66 or so. I missed my buy by less than a penny. Sure enough it came crashing back down and it still at about 0.04 cents.
It honestly wouldn't be that hard to make a bunch of bots and flood yahoo finance message board and all the penny stock message boards with pumping drive stock price high and getout, although that would be illegal.
Years ago I was watching CBIS, one of the first if not hte first marijuana stocks. I had a buy order in at 0.07 cents. I was almost going to push it to 0.06 but decided not to. Long story short over the course of a couple days the stock was at like 1.66 or so. I missed my buy by less than a penny. Sure enough it came crashing back down and it still at about 0.04 cents.
It honestly wouldn't be that hard to make a bunch of bots and flood yahoo finance message board and all the penny stock message boards with pumping drive stock price high and getout, although that would be illegal.