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the right time, they could bring you a good profit at the short period of time. They have a higher risk though ! Also where can I get a list and info of good penny stocks

2007-03-12 04:50:16 · 2 answers · asked by Anonymous in Business & Finance Other - Business & Finance

2 answers

"Penny stocks" are highly speculative. Don't get into them without serious research on the company's product, the mangement, finances (especially debt), whether or not it is a "going" concern or merely a "start-up" (be wary of terms such as emerging) and competition.

You should invest only those funds which you can afford to lose. If you make a profit, great take it and run. In most cases you will have a loss for a long period of time.

Go to google "penny stocks" to get an overview of available stocks.

2007-03-12 05:13:44 · answer #1 · answered by PALADIN 4 · 0 0

They can be a good way to learn, but since you're generally going to pay fees for buying or trading, its hard to make a profit . . . Unless the company grows into something major or you are trading in large volumes which is risky for something unstable.

2007-03-12 04:53:33 · answer #2 · answered by HokiePaul 6 · 0 0

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