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Old 12-04-2014, 09:45 AM   #1
Grande D
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Teenager Makes $300k in a Year on Penny Stocks

TL;DR

Kid trades life earnings from a few jobs on stocks, soon decides to go to penny stocks and transforms $10k to $300k in a year. He often traded under his desk at school on his iPhone.

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Bruggemann has had his phone confiscated a few times, leading the school to contact his parents. "Last year I got a call from the school saying the physics teacher took away Connorís cell phone and now I have to come and pick it up," said his mother. Bruggemann bought himself a new BMW with his earnings, a new Macbook for each of his parents on their birthdays, and iPads for his siblings." I asked what time did this happen, and she said 9:35. I said you probably just cost him money. He trades stocks, 9:35 means the market just opened, he had to make a move. They told me heís in physics class, he canít do that, and Iím like, ok, whatever."
http://www.theverge.com/2014/12/3/73...-mobile-trader

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Old 12-04-2014, 09:49 AM   #2
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Sounds like Warren Buffet as a kid
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Bruggemann has always been interested in making money. In kindergarten his parents dressed him up as a concession boy for Halloween, complete with a tray carrying popcorn and candy. "He came home with money, but no candy," remembers his mother, Lynn. Later he tried his luck with a lemonade stand in front of the house. "We're on a cul-de-sac, so almost no cars come down here. He didn't care. He waited for five hours to make that dollar happen."
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Old 12-04-2014, 09:57 AM   #3
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Extremely impressive, albeit largely based on luck.
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Old 12-04-2014, 10:01 AM   #4
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Penny stocks tend to be hit or miss. Cool story though.
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Old 12-04-2014, 10:01 AM   #5
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Extremely impressive, albeit largely based on luck.
the ads on websites tell me that it's really easy and that I too can make millions off of penny stocks by following this one weird trick.
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Old 12-04-2014, 10:02 AM   #6
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I think he's probably following the secret biblical money code that atheists can't explain.
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Old 12-04-2014, 10:03 AM   #7
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the ads on websites tell me that it's really easy and that I too can make millions off of penny stocks by following this one weird trick.
those ads are true...i got ripped in 6 weeks by doing the same weird trick.

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Old 12-04-2014, 10:08 AM   #8
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Kid Should have kept quiet.

IRS now wants at least half.

Gotta pay for the coming riots!
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Old 12-04-2014, 10:11 AM   #9
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Parents should just home school him.
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Old 12-04-2014, 10:11 AM   #10
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Kid Should have kept quiet.

IRS now wants at least half.

Gotta pay for the coming riots!
Irs would have already known......also, what he pays will depend on his tax bracket.
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Old 12-04-2014, 10:16 AM   #11
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I've too have made a lot and lost a lot... At the end I'd say I broke even or lost some. I put more effort and energy into my business... With that said, a friend of mine (who got me involved) still trades penny stocks and is a multimillionaire. He's also a huge gambler and "doesn't care" if he loses it all. Go figure.
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Old 12-04-2014, 10:27 AM   #12
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Bet he didn't buy in on Saleen Auto.
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Old 12-04-2014, 10:35 AM   #13
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Cool story. Some valuable lessons about playing big and taking risks.
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Old 12-04-2014, 10:46 AM   #14
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Pffft, this kid is just lucky. You can't make good decisions on penny stocks...
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Old 12-04-2014, 10:53 AM   #15
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Pffft, this kid is just lucky. You can't make good decisions on penny stocks...
Sure you can... Blue Horseshoe loves Anacott Steel.

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Old 12-04-2014, 10:53 AM   #16
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Pffft, this kid is just lucky. You can't make good decisions on penny stocks...
I use the force when I buy penny stocks.
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Old 12-04-2014, 10:58 AM   #17
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Pffft, this kid is just lucky. You can't make good decisions on penny stocks...
It is more about taking risks. Too many people are taught to play small and play safe.
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Old 12-04-2014, 11:00 AM   #18
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I think he's probably following the secret biblical money code that atheists can't explain.
Where can I start learning about this code and using it?

Last edited by camrydriver111; 12-04-2014 at 11:01 AM.
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Old 12-04-2014, 11:13 AM   #19
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It is more about taking risks. Too many people are taught to play small and play safe.

Uh no. This is gambling. That's stupid risk.
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Old 12-04-2014, 11:16 AM   #20
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Penny stocks are wrought with fraud. There's usually no information on these companies so it's mostly blind luck. You can make money trading there, but you can lose your ass even quicker.
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