What is a great penny stock to invest in?

Answer 1

VRTB is just above a penny stock by .40cents

Answer 2

You should try with Penny Stocks Trading (you can find more info here: http://pennystocks.toptips.org )

Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share.
I've been subscribing to this PennyStock web site for about a year now and have loved the objective advice they give. He really does look for quality stocks and I've made some pretty nice profits on a lot of his suggestions. Being still fairly new to investing I have been dabbling a lot in penny stocks to try and grow my account. I may not have a big account, but it's a lot bigger than it was a year ago. On just one of Nathan's picks this year I managed to make my investment back ten-fold! Be careful! Penny stocks are notoriously risky but if you follow the right method the risk is almost 0. I suggest to invest only little money first and then reinvest the profits. This is the site I'm using: http://pennystocks.toptips.org

Answer 3

There "ain't no such thing"!! Penny stocks are sold by slick salesmen, most of whom are running a "pump & dump" scam. They pump up the demand by sending out a lot of fancy brochures filled with lies and false "promises" about the stock they're pushing.

The high demand causes the price of the stock to rise. When it does, the scammer sells the shares he owned before he mailed the brochures. Then the price goes down because the supply of shares is a lot greater than the demand. The "scammee" is left holding the bag.

Answer 4

Ah...... the most basic question of a newbe in stock investing. The first road, the first step to losing a great deal of money.

Successful investors do penny stock trading after years of experience. It's usually a small part of their "asset allocation". It will involve more than one stock. It will involve exit strategies before you make the trade. It's done with the recognition that only 10% of your trades will be "winners".
It's done with the full understanding that the real hard part is to limit your losses.

Read as much as you can.

Consider yourself warned!

Answer 5

Don't waste your money on penny stocks. Invest in good mutual funds and watch it grow.

Answer 6

I'm pretty sure there are no great penny stocks. Much of the time they are hype generated by sales professionals.

Answer 7

do some research at:

www.investorshub.com

www.hotstockmarket.com


Those are the 2 most popular penny websites with big forums and chats. You'll be able to see what people like and dislike and for what reasons.

Good Luck!

Answer 8

accept as true with erik. penny shares are lottery tickets. in case you have some sound user-friendly awareness of a penny inventory company, perhaps purchase a pair thousand shares for great low priced. if it is going up later, stable for you, if no longer, no great deal, yur out $4 hundred.

Answer 9

I see you are interested in investing in the stock markets and think that you can start successfully by asking questions like this online. Just think, if winning in the stock market is as simple as posting questions like this, why are so many people still poor?

Most people who will even tell you a "good stock" to buy here are people who are waiting for you to to buy in so that they can sell it at a slightly better price!

There are quite a number of things you need to learn before you can even start thinking of the stock markets ...

1. You need to understand how the stock market works and what it is exactly about.

2. You need to know what are the different styles of trading in stocks and shares.

3. You need to read about why so many people lose their shirts in the stock markets so that you can avoid their mistakes and also decide if this is a risk you want to take.

For all these issues and more, you can read about them from some of the articles that I wrote at http://www.mastersoequity.com/articles.htm

After you are adequately armed with the basic concepts and ideas, you need to know how to find profitable stocks to trade or invest in. You can do that the easy way by subscribing to stock pick services (example http://www.stockpickmaster.com ) or you can learn to use charting tools and softwares to find stocks with parameters that you can pre-define. (example http://worden.mastersoequity.com/).........

Remember, the slogan "Just Do It", Just won't do for the stock markets. If profiting in the stock markets is as simple as buying a single stock , then why are so many people still poor?

After you have all the above mentioned knowledge, you need to ask the following golden questions before you can decide whether a stock is worth buying or not :

1. Why are you of the opinion that this stock will rise?

2. Is your opinion valid in the first place?

3. When are you expecting it to rise? Can you hold on for that period of time or longer?

4. What is your expected entry price? After what price would your expected profit margin be too thin to enter upon?

5. Where is your expected stop loss point? What is your stop loss point based on? Where will you tell yourself that it is time to take a loss and get out?

6. Where is your expected profit taking point? What is your profit taking point based on?

7. Does the way you are buying the stock allow you to hold on until your expected profit taking point?

8. How much of your money should you dedicate to this one trade?

9. What is the level of primary, secondary and idiosyncratic risk you are undertaking when deciding how much of your fund to use?

10. What is your cashflow need? Does your cashflow needs allow you to hold the full lifetime of the stock?

After you are able to answer all these questions confidently, THEN you are ready to... PAPER TRADE your stock strategy. Yes, even at this point, you are NOT READY to trade for real. You should trade on PAPER for at least 6 months and become consistently successful BEFORE you take your stock strategy into real life.

Then.. you are ready to start... but there is still no guarantee of success as paper trading is very different from real trading. You will need another maybe 1 year or 2 trading very little money and be consistently successful BEFORE you are ready to increase your stakes.


So, as you can see, success in the stock markets is not easy at all the the less knowledge you have, the more risk you undertake. I lost hundreds of thousands in the stock markets before I become successful.

Take heed and good luck.


All in all, investment and trading is a lifelong education and non stop learning. No one is ever done learning and catching up with changes in the markets.

If you care to read about how I went from completely broke to retired millionaire trading stocks and options by 28 years old, you can go to http://www.mastersoequity.com/

Hope these information helps.


http://www.optiontradingpedia.com/

http://www.mastersoequity.com/

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Answer 10

no such animal they are unregulated and not worth the trouble.