Tue 4 Apr 2006
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.
I think that’s what “The Stockster” attempts to do and seems to do it well. Does anyone have any stories about experiences with “The Stockster”? I’d love to hear about them.
Continue reading " » The Stockster – More Stocks Coming Soon??" >>
April 24th, 2006 at 4:12 pm
Hi Joe-
Thanks for the story. Yes, it appears the stockster site has been pulled down for one reason or another! Wonder if the SEC came after them for illegal pump & dump practices. I’ll have to check out that new site. Thanks.
~Dave
May 29th, 2006 at 6:53 pm
THESTOCKSTER SEEMS TO BE BACK NOW, A BETTER SITE THOUGH, IMO, IS WISEPENNYPICKS.COM, THEY PICKED VRTL AND CRDM AND LOOK WHAT THEY DID, BOTH OVER 1000% IN 1 DAY
May 29th, 2006 at 9:10 pm
No thestockster is back now at http://thestockster.com
September 4th, 2006 at 3:59 pm
The Stockster pumped NANS and I bought in to the stock at 9:31am – the highest the stock has ever been. $3,000.00 gone in 30 minutes
My own mistake for thinking I was getting an inside tip on a stock that might move.
Thanks Stockster for taking my money!
July 30th, 2008 at 10:33 pm
I think we’re much better off with a website like Societe Caribe. They don’t accept payment from companies to promote shares, nor do they front run their members by buying up shares before releasing picks to members….sounds like and honest penny stock site to me.