Where can I find information on companies that are coming out with penny stocks? Is there a penny stock IPO website? Thanks!
2007-01-30 04:47:18 · 6 answers · asked by tamali 2 in Business & Finance ➔ Investing
Best advice... stay away from penny stocks. There's a reason they are valued at pennies a share... rarely do they turn upward. Of course, some do increase in value, but you'd probably do better at a casino or with the lottery. If you're determined, check out Baron's information on penny stocks. Be prepared to lose your entire investment. Most mutual fund companies will not invest in shares less than $5.00 each... they consider it a poor investment, and so should you.
2007-01-30 09:44:13 · answer #1 · answered by Mike S 7 · 0⤊ 1⤋
So..
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org
I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Regards
2014-09-22 09:36:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋
YES: Do a search engine check, there are thousands of reports on penny stocks and companies the follow IPO.
2007-01-30 05:02:04 · answer #3 · answered by whatevit 5 · 0⤊ 0⤋
Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/4ed13
2015-01-25 02:21:43 · answer #4 · answered by Anonymous · 0⤊ 0⤋