Anyone here mess around with stocks? I have an inkling to start playing the game.

 

read some graham first. it's not simply a game that you mess with.

 

Don't do it by yourself if your goal is to actually make money. If you're just doing it to have fun, then by all means go for it.

Consider it a form of gambling.

 

We did the same in our POD/Econ class once, it was fun. I made money but didnt win.

I kinda want to see how far I can make $5 go, but I dont know too much about the whole deal. I visited sharebuilder.com .. I may try it.

 

i placed a fake bid on vodaphone during the buyout of cingular and those fucktards lost the bidding war to AT&T

 

That won't even cover your commissions. Do yourself a favor and put it in a bank account.

 

One of my friends is into those, he put in about $2k and in about 6 months he made like $40k.

I didn't know him back then.

 

$5?!?! wtf dude... even if you get free trades for a month that ont give you shit. i mean how many time do you expect to double it? it would be a waste of time. Even Penny stocks are long time investments. you need to be able to put money in different ventures reading about them and hoping they find that drug, that gold, diamonds... and that can take a long time considering they dont have much money to work with from the begining.

if you want to do it seriously then i suggest reading alot. If you dont have much money to start with (iwouldnt even consider it if you dont have at least $500) you might want to look into mining exploration, pharmaceutical research, telco equipment makers...