Look in the trash, the gutter, your junk email box, etc. Penny stocks, while occassionally successful in making people is like playing the lottery. You have FAR more losers than winners and the winners are few and far betweeen.
And for those lucky few who occasionally hit a good one, they usually give a lot of it back to the market.
Your best bet is to educate yourself and learn how to pick and trade stocks. Else, you might fall in to the same category as sooo many others before you who donate to the market.
A good starter book is "How to Make Money in Stocks in good times and bad" by William O'Neill, co founder of Investors Business Daily. Investopedia.com is a free website with some good info too.
As for picks, you can see good picks (and subscribe to their site if you wish) at investors.com. They also offer a free two week trial.
Anyways, that's a good source. Investools can also educate you on trading as well.
Hope that helps!
2007-01-11 04:21:23
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answer #1
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answered by Yada Yada Yada 7
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No what you wanna do is positioned it in a extreme pastime account and once you've a grand then positioned it right into a dividend bond (of a blue chip ideally) then reinvest the money for a three hundred and sixty 5 days and then then reinvest 3/4 of the money putting a million/4 right into a extreme pastime account, then after yet another three hundred and sixty 5 days positioned a million/2 lower back into the reductions account, and then keep it that way till you've $2000 then reinvest £one thousand into an identical dividend or yet another and do an identical repeat this for decades till the markets teach secure mountain climbing that may be 5 to 6 years nonetheless. and then positioned each of the dividends into one (the suitable appearing) and then proceed to positioned 50% of the salary into the extreme pastime account (it truly is soley as a shelter adverse to any holds on payouts or inventory crashes) then with compounding you may contained in the subsequent 10 years have gathered a real looking volume which at that degree i might want to flow fastened time period bonds which wil i imagine payout round 6-8% you ought to have adequate to choose 3 or 4 fastened time period bonds, by way of the end of those (say in case you pick 5 three hundred and sixty 5 days bonds) then i imagine that between that money and the dividends that could want to now be offered think ofyou've got gathered a real looking sum in extra of $50000
2016-12-29 03:11:25
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answer #2
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answered by ? 4
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Many websites like eTrade, some free finacial sites, etc have a top list of stocks under $10. Check the different online services.
2007-01-11 03:53:11
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answer #3
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answered by daven71 4
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I went to businessweek.com, clicked on investing, clicked on the stockscreener tab (low on left-hand side). On the screener, I clicked on NYSE (to reduce the number of results), then put a minimum price of $1 and maximum price of $3, then from my own preferences for low-priced stocks I clicked on low debt, but other similar screening criteria could be used. This is the list I got: MZ, REV, PRM, BFT, GAI, LRT, ZL, TGX, TMR, ATS, UFI, BBA, FA, TMM, SFE, GTW, KT, ABY, SCR.A, SCR.B, SCQ, WLM, DRL, LU, ECR, and SFP. Next comes the lookup of details on each to fit your further criteria. You can then do that for the AMEX and NASDAQ from this site. These NYSE listed stocks may be dogs but they will likely be the best list of going concerns that you will find in your price range. Good luck.
2007-01-11 05:29:21
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answer #4
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answered by Rabbit 7
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just use a stock screener to find all the under 3 dollar stocks,then stay away from them
2007-01-11 04:24:02
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answer #5
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answered by swenjj 4
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not sure why you want this, but I hope you are not going to invest in any of these, they are junk and you will lose all of your money
instead invest in good companies...most mutual funds are not even allowed to invest in stocks unless they are at least $10.00 a share......why do you think that is so?????
2007-01-11 05:12:24
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answer #6
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answered by besthusbandever 4
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Try "Penny Stocks" on line.....and be careful......
2007-01-11 03:50:55
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answer #7
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answered by Rick 3
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