Penny Stocks Investing

Question by gmike24: What is the best penny stock website?
Hey everyone! I want to start investing into stocks, but I keep hearing about these penny stocks jumping big time, so I want to start investing in those, can anyone help in a great website, that deals with those stock picks?

Best answer:

Answer by Jerry
There is no such thing. ALL penny stock sites are just pump and dump scams.

Penny stocks are a foolish speculation. Experienced investors avoid them like the plague, and so should you.

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Question by Alex Griswold: What is the best penny stock announcer?
I want to get into penny stocks but I’m not sure which penny stock announcers are the most reliable.
I understand that penny stocks have such weak reliability. I was just asking because I find penny stock announcers who have such a huge volume that the stock immediately goes up. So in a sense I am not investing I am buying and selling in a time frame of 30 minutes.

Best answer:

Answer by Jerry
There is no such thing.

All penny stock sites are just pump and dump scams.

Only fools invest in penny stocks. You do NOT want to buy penny stocks.

- There is not sufficient information for proper investment analysis.
- Liquidity is poor.
- Bid/Ask spreads are so wide that it is almost impossible to profit.
- Lots of scams.
- These stocks are cheap for a reason.
- The vast majority of penny stocks go to zero.

You do NOT want to buy penny stocks.

Add your own answer in the comments!

beurl.me – Penny Stock Prophet is a penny stock picker which works to identify soon be profitable penny stocks and notify you so that you can invest accordingly. I’ve heard mixed reviews on the system myself with some calling it a money making robot and others labeled labeling it a scam. When I heard of the 60 day money back policy, I decided to try it for myself first hand. This is my Penny Stock Prophet review. beurl.me

Question by Mark H: who is the best penny stock brokerage house?
who has the best online trading platform and allows you to purchas penny stock from all indeces?

Best answer:

Answer by Ron Berue
As you can see, no one answered your Q yet.

The reasons: Penny stocks, Bulletin Board ,stocks Pink Sheet stocks and Over-the-Counter stocks are EXTREMELY risky and volatile.

Its better to do the right research then possibly buy fewer shares of a stock at a higher pe – in excess of $ 20/share – then it is “looking for one needle in a field full of haystacks”.

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

Give your answer to this question below!

Question by Secret Luver: What is the best penny stock out there?
Ive never bought any stock and i wanna try a penny stock 1st. Which 1 do you prefer and whats the best web site to buy and sell from.

Best answer:

Answer by sathvik
Penny Stocks are quite dangerous for a few reasons:

1) They are higher volatility than regular stocks

2) transaction fees are often higher as a percentage of the total purchase (thus lowering your return)

3) there is often less information about them.

If you really want to go for penny stocks, I recommend distrusting anyone who tries to sell you on a specific stock – they are probably just trying to pad their pockets. Instead, do your own research through yahoo finance or another free data source. For free information on how to analyze investments, see www.kanjoh.com

What do you think? Answer below!

Question by Jim W: How to Pick Best Penny Stock?
I am newbie in penny stock trading and I have no idea how to pick best penny stocks. I got some basic idea about stock trading, but I am not an expert. So please guide me how to pick penny stocks for trading which will prove to be a good investment.

Best answer:

Answer by Padro
There are no golden rules to pick best penny stocks for trading, you have to pick penny stocks just like you would pick any other normal stock trading on NASDAQ.

Penny Stocks can be unpredictable as well as profitable so you have to be aware of the risks involved in penny stock trading.

If you are planning to start off picking penny stocks then you can start with the penny stocks listed on the NASDAQ which are also known as NASDAQ Penny Stocks. These are less unpredictable as compared to other penny stocks.

Penny Stocks which are trading on NASDAQ have to adhere to certain standards which helps the investor. There are traded on both NASDAQ as well as OTCBB but you can start picking penny stocks which are traded on NASDAQ first.

Source : http://www.pennystockpickalert.com/blog/penny-stock-picks-trading/

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Question by .: Which online stock trading broker is the best for trading penny stocks and why?
Out of Scottrade, E trade, and Ameritrade. Please give details. Are there fees/fine print, etc?

Best answer:

Answer by Common Sense
Forget eTrade (worst choice of the three). Ameritrade is not great for penny stocks. Of the three Scottrade is best. Scottrade is not near my best choice for penny stocks.

You need a “direct access” broker with a great platform…… none of which applies to any of your choices.

Your choices are to be honest, strange… unless you’re new to trading. you should know that investing or trading in penny stocks should only be done by people that have 3-5 years very successful experience trading stocks above $ 5. The most typical, big mistake new traders make is going after penny stocks first. But… I also know you just won’t believe that. So… remember me in 6-12 months after you’ve killed your account.

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Penny stock trading is one of the most profitable methods used by in one day trading crowd to rake in millions in profit from lowly priced stocks online.
Are you are online looking for a good platform to start your online day trading, or you want a reliable system of broker who can give you the best stock picks daily?
Well getting a stock finder is easy; there are several reliable methods and brokerage firms you can use to help you make wise investments every day.

A key benefit of online penny stock finders is the fact that they are diverse and offer reliable advice through email or through a membership page. Imagine someone working in the background, doing all the research and sending this information day in day out, so that all you do is buy the best stocks to invest in. That’s what a good penny stock finder should do for you. This low priced micro-cap stocks have made many millionaires within a short period of time because of their ability to move quickly and again due to the fact that you buy them at a very low price and dispose them and incredible percentages of profits.

So what’s the best penny stock finder to use?
Well the answer to this is that there are many out there, some offer goodish picks, others offer nothing and charge exceedingly high brokerage fees that would make you run to a Wall Street shark for shelter. Nonetheless there are reliable firms, people, and software that can help you or in some instances do all the work and all you have to do is buy.
One such program is the Penny Stock Prophet. This is a system developed by an Applied Mathematics university graduate known as the James Connelly. He developed system of algorithms for predicting when certain stocks would move, he would subsequently then cash in. He became a millionaire after only thirty four trades. With time and resources, this system has been perfected to guarantee that only the stocks that are inevitably going to move up are chosen.

You can get two free stock picks at the link below this article to start you off with good returns to your investment.

The Penny Stock Prophet System! is one of the best penny stock finder s because it is fast,convenient and always gets it right in my book, and for a one-time charge of you can get a lifetime membership.

If you are starting out with stock trading and you have found a program, don’t invest all your monthly pay in penny stocks, try taking lower risks with only the income or funds that you can afford to dispose, as you learn the ropes, you will be in a position to take higher risk and definitely rake in more profit, like many others are already doing. Already millions of dollars are traded safely online from various companies and those in the inside are making lots of profit and a good Penny Stock Finder should provide you with the best possible picks and it should consistently and accurately do this for you.

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