2006-07-20 14:17:59 · 5 answers · asked by mswol767 1 in Business & Finance ➔ Investing
No such thing, if they were good they wouldn't e "penny".
2006-07-20 14:22:04 · answer #1 · answered by Nick C 3 · 0⤊ 0⤋
Why? Penny stocks have no better or worse returns than anything else, all things equal such as financials. However, penny stocks, such as those on the pink sheets, often have fewer disclosures. Why would you take more risk for the same return?
2006-07-20 14:36:41 · answer #2 · answered by OPM 7 · 0⤊ 0⤋
That is an oxymoron -- good and penny stock.
I keep getting emails about the next big stock. Usually these are selling under a buck. On average, their return is -80%.
2006-07-20 16:18:51 · answer #3 · answered by insuranceguytx 5 · 0⤊ 0⤋
No penny stocks - but try [GW] Grey Wolf Drilling tied to natural gas and I think will shoot to the stars soon ... especially with hurricanes coming soon.
Now @ 6.77 - 7/20/2006
2006-07-20 14:35:25 · answer #4 · answered by anonymous 2 · 0⤊ 0⤋
Sorry my friends are beating you up and making you feel bad. Here is one you can hold for a long, long time and make much profit from: Harken Energy Corp. (HEC).
You will like this one in about five years. Buy what you can of it, just don't put all of your eggs in one basket! Promise?
2006-07-21 22:27:56 · answer #5 · answered by Anonymous · 0⤊ 0⤋