RE:RE:A lot of buyers at this low price, why???dandu
Penny Flippers do quite well if it is done right! It is no different than buying a stock for 10 bucsk and selling it for 11 bucks yet that is called investing lol. You make money on the stock market over the long haul through the power of compounding. Think about it in theory if you could flip this for a penny each week that is 10% times 52 weeks for a compound interest of like 700%. If someone told you that it was possible to make 700% by selling for a penny would you do it. Having said that it is pretty tough sluggin making that penny every trade and believe it or not it takes dicipling to sell and take a loss sometimes. This is the biggest mistake most make instead of taking a penny or two loss they give up all their hard earned compound interest because of lack of discipline.