what would u buy
2007-05-02 18:22:34 · 5 answers · asked by shiva M 1 in Business & Finance ➔ Investing
None. You would have better luck in Vegas, and more fun too.
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2007-05-02 18:37:14 · answer #1 · answered by SWH 6 · 0⤊ 0⤋
most penny stocks are poor investments or very speculative investments that do not payout. The ones that do pay out have the potential to pay out big but to get in the right one will take luck therefore when you consider the probable losses you will take before you get the ones that payout you would have just been better off investing in quality securities.
Penny stocks are appealing to new investors because they feel they can pick up lots of shares of a company. it is not the mumber of shares that are important but the quality of the investment. I would much rather have 10 good performing shares over 300 poorly performing shares, so be wise when investing. If your going to pick a penny stock be careful and do your homework and make sure your not picking a stock that has performed poorly or been delisted and that is why it is a penny stock.
I don't want to knock on exxon mobil but this stock is already owned by almost every investor and mutual fund known to man so I don't know that now is the best time to buy exxon
2007-05-02 18:37:01 · answer #2 · answered by the man 3 · 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/ed075
2015-01-25 02:56:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Most are lousy. Anything you hear by email is a "pump and dump" where they buy it, promote it, and then dump it when you start buying it. You'd do better putting the money into something that pays a dividend. I think you'll find that Exxon would do better than most of what you'd find. Penny stocks are for suckers, for the most part.
2007-05-02 18:33:40 · answer #4 · answered by Katherine W 7 · 0⤊ 0⤋
Not exactly penny stocks but definitely worth having a look
Indian Financial portal providing information on
- Which shares to buy
- When to buy shares
- When to exit shares
- Which IPO to subscribe and which to ignore
- Which NFO (New Mutual Fund) to enter
http://www.vjondalalstreet.com
Bus Naam hi kaafi hain ...
2007-05-06 09:55:53 · answer #5 · answered by VJonDalalStreet 2 · 0⤊ 0⤋