2006-07-06 11:23:23 · 6 answers · asked by playbeze106 1 in Business & Finance ➔ Investing
Do not invest in penny stocks unless you want to lose money.
2006-07-06 11:45:19 · answer #1 · answered by John H 4 · 0⤊ 0⤋
Very carefully.
Don't take "tips" on what stock to buy. Look at your asset allocation, is there a place for penny stocks? Don't invest more than 2-3% of all your assets on penny stocks.
Invest in penny stocks after years of successful investing in large and mid cap and small companies. Know investing well before getting near penny stocks.
2006-07-06 15:36:45 · answer #2 · answered by Common Sense 7 · 0⤊ 0⤋
The best way to invest in penny stocks is to buy a controlling interest in the company and then sell the company as a shell to someone who wants to do a reverse merger.
2006-07-06 11:58:35 · answer #3 · answered by NC 7 · 0⤊ 0⤋
I suggest you to stay away of Penny Stocks.
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2006-07-06 19:43:47 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Very risky, no best way to invest in them.
Buy good stocks, not some company with less than 5 workers
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2006-07-06 11:29:04 · answer #5 · answered by Anonymous · 0⤊ 0⤋
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2006-07-06 11:32:39 · answer #6 · answered by Anonymous · 0⤊ 0⤋