Full show notes: http://chatwithtraders.com/ep-003-timothy-sykes/ – – Penny stocks are a world of their own, and often refereed to as ‘the gutter of the stock market’. But as today’s guest discovered, this world can be an incredibly lucrative one. Timothy Sykes joins us here on the third episode of Chat With Traders to share his passion for playing penny stocks, and how traders can benefit from common scams and manipulation.
You might also find it entertaining to know that Tim has called out multiple celebrities about promoting sketchy penny stocks, so of course, I ask him about this too. Enjoy!
Lessons Learnt in this Interview:
– The key benefits of trading penny stocks, versus more valuable stocks.
– What actually defines a penny stock.
– How to identify a scam and the reasons why these move the price.
– Calling out celebrities who promote penny stocks, ranging from Shaquille O’neal to Justin Bieber.
– And much, much more…