2006-09-15 10:36:06 · 10 answers · asked by operator10001 2 in Business & Finance ➔ Investing
Have you read William O'Neill's book on How to make money in stocks in good times and bad? It's available like everywhere very affordable.
They did a 50+ year study on exactly what you're asking and came up with 7 characteristics of these fastest growing stocks.
It's also a good primer on investing as well. There are other ways as well, but his seems to be the most consistent. He was the founder of Investor's Business daily for which you can get a 2 wk subscription for free (do it after you read/listen to the book).
You'll be able to see for yourself stocks like TIE, TS, HANS, etc which were in the IBD top 100 during much of their runs!
Let me know if you have any questions.
Hope that helps!
2006-09-15 11:18:53 · answer #1 · answered by Yada Yada Yada 7 · 2⤊ 0⤋
Keep doing a search on google for penny stocks. Do it at least 3 times a day. You'll find them.
If the answer was a clear stock pick, nobody would need a financial advisor. You just have to keep at it, keep watching and keep checking various stocks. Two good ones right now are BOCX and NNBP. Both are selling for less than a buck a share. In fact, NNBP is currently just 19 cents a share.
2006-09-15 10:39:29 · answer #2 · answered by north79004487 5 · 0⤊ 2⤋
Look at volume,big % gain in volume and very large orders on the screen close to the current price,compare this to the sell orders .Do the buyers side greatly outnumber the sellers near the last price?
2006-09-15 12:07:57 · answer #3 · answered by Anonymous · 1⤊ 0⤋
I have probably bought 15 penny stocks in my investing life (7 years) and have made money on only one.
Try another angle.....look for good companies that are near their 52 week lows.....research them to make sure they have not had any major setbacks that brought down the price.....but have fallen due to overall market conditions......stock market USUALLY goes up during the months of Nov. and Dec.
Some examples.....YHOO, EBAY, PDC, GW, NBR, VLO
Good Luck
2006-09-15 10:57:58 · answer #4 · answered by Rocky99 2 · 0⤊ 1⤋
You seem to be just about the right type of naive inexperienced investor ready to be exploited by the share tipsters. They know all the penny shares that are dead certs to make $millions (for them of course).
There is a good saying: The fool and his money are easily parted.
2006-09-15 11:32:57 · answer #5 · answered by Anonymous · 1⤊ 0⤋
I find many of my plays on http://champs-and-chumps.com/
I like to look for the big oversold plays and then average into a long position. Sometimes I short stocks that are recent big winners.
Best of luck with your trading.
2006-09-15 13:53:34 · answer #6 · answered by bluegenieinlv 1 · 0⤊ 0⤋
The only way you can be assured of getting the fasted growing stocks is to buy them all, and hope you come out ahead!
2006-09-15 10:39:45 · answer #7 · answered by Anonymous · 0⤊ 2⤋
It's more to do with timing than anything else. All the research in the world and it still goes wrong at times.
2006-09-15 11:26:34 · answer #8 · answered by elixir 1 · 0⤊ 1⤋
You can be born with an innate sense of good luck.
2006-09-15 10:38:11 · answer #9 · answered by cmhenshaw7 2 · 0⤊ 2⤋
Invest into young and new stocks.
My information is nonya bussiness either.
2006-09-15 12:05:38 · answer #10 · answered by Michelle R 1 · 0⤊ 3⤋