
003: Timothy Sykes – Inside the World of Penny Stocks and How to Profit from Market Inefficiencies
Chat With Traders
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What Are the Key Benefits of Short Selling Penny Stocks?
"The whole world hates on penny stocks. You know, they're scams," he says. "But the upside is that it's so easy to spot a scam if you just do some very, you know, rudimentary research" One of his students invested $700 in Polisbee last Friday and sold it overnight on Monday for seven times what he'd spent. He turned 700 into 5,000; Wall Street will look down on that but many people who would love to turn $700 into a $5,000 overnight.
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