Rampaging Bulls: Outfox Promoters at Their Own Game on Any Penny Stock Market

W. Bruce Wrigley is a fixed-income and derivative products salesman in
the Treasury Department Union Bank of Switzerland (Canada).

As an investor who has not participated in the penny stock market, I
approached this book with some trepidation. I was prepared for neither
the humor, which is plentiful, nor the universality of so many of
Tadich’s investing insights. For example, the questions in his “due
diligence test” are applicable not only to penny stocks, but could
easily form the basis for an investor’s initial investigation into
companies that trade on senior stock exchanges.

Rampaging Bulls takes the reader through the machinations of penny
stock promotions, and some of the more colorful personalities an
investor is likely to meet. (The use of the word “investor” should
be used with care, for, in Tadich’s words, “You will never use the
word ‘investor’ again to describe yourself as a buyer and seller of
penny stocks. . . . More than 80% of penny stock companies fail and
their shares become worthless within three to five years. This means
that you cannot expect to make money by buying and holding a penny
stock. You must be active.”) Tadich deserves two thumbs up for a
timely, witty, and informative look at the inherent perils of the penny
stock market—and the potential profits it can bring to an informed and
disciplined trader.