Question:

What is a good penny stock to invest in!?

by Guest11114  |  earlier

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What is a good penny stock to invest in!?

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3 ANSWERS


  1. Any of them!


  2. There are no "good" penny stock to invest in since penny stocks are not good (or even decent) investment vehicles.  You don't invest in penny stock, you trade them.

    If you invest/trade in penny stock you should never put up more than you can afford to loose and you should assume you will loose it all. Unlike regular securities, penny stocks usually do not let you use risk cutting procedures (options and/or stop orders) since most are not traded in a regulated market place.

    They say when you buy securities you have a 50%-50% chance of making money, when you buy penny stocks you have a 50-50-90% chance, 50-50 chance of making money and a 90% chance of loosing money.

    All that said, here are two websites you can visit to talk with other penny stock traders. http://www.stockwire.com/ and http://www.pennystocksinc.com

    Other sites that address penny stocks are

    http://www.smallcapinvestor.com/

    http://alphaking.com/

    http://www.otcstockexchange.com/

    http://www.mcapstocks.com/Default.asp

    http://www.pinksheets.com/pink/quote/ind...

    http://ragingbull.quote.com/cgi-bin/stat...

    http://www.thehotpennystocks.com

    Good luck

  3. these things are quite risky and you should only invest if you got cash to spare.

    By definition they are cheap and that is because the companies they represent generally do not have any good track record.

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