I want to know where I can find a list of penny stocks. I can never find a list of penny stocks on the internet. Also what are some good penny stocks which I could give some thought to?
http://www.pinksheets.com/pink/flashAd.html
http://www.otcbb.com/
Iam new to investing and not really sure where to start i was thinking of putting 1000 dollars into Sharper image which was at 15 cents per share then went up to 23 per share today. If this is not a good investment what are some good investments like penny stocks or where should i start. also could you give me the symbol of some good investment stocks to maybe look up.
Before you invest your money, I suggest that you look at the 5 aspects of a company first, that way you will have an idea.
First the company
>> How long had they been in business
>> Are they legal
>> Are they a New York Stocks Exchange Company (NYSE)
—This is relevant, because only real companies may do trades on the NYSE, (So you better watch out for those get rich scheme out there, if they are not trading in NYSE, then most probably they are a scam.
>> Also if the company is growing, you will see them highlighted on Money Magazines, like Forbes, Business Week, Fortune, Success, Financial World and alike- This is a 3rd party validation, meaning they are recognized by others
>>Their sales history for the last 15 years, why 15 years not 1 year? This shows how stable they are
Second the NEED/Marketplace
>>Does the company’s product in need? If it’s in need then people will want it, if the demand is high so is the income or revenue, which means their stocks will go up.
>>Marketplace–Is the market saturated with the product or only few people have it? If only few people have it, that means there is a HUGE potential for making money out of it, because others would want it, remember the NEED.
Third the Product
>> You need to know if the product is
GOOD
Affordable for people to buy
Unique
Revolutionary
The NEED for the product
Some examples to think about is, what are the major problems in United States today, and then you go back and look at the product, if the company’s product is the solution, if it’s good and affordable- Then yes you will make money out of it.
See stocks goes up and down depending on 2 basic principles Supply and Demand. If the supply is low and the demand is high= HUGE $$$
Fourth the Compensation
>> How do you make money out of it, is it by just buying the stocks, or are you investing some money now to make more later?
—-See the problem is, because of a lot of scammers out there, few good companies also are judged without being evaluated first, so what do I mean by that.
What I mean is, nowadays when you have to put out money first so that you can make money, or if a company asks you for money first, they say it is most likely a scam.
My 2 cents on this is, it is not always the case. Ok you go to school and study Medicine, Law or Engineering– Why did you study? So you could get a job that pays good ( Urrrmm, did you have to pay them first? Most likely you would say, oh I have a grant, ok but still it is payed first right?) SO is that a scam?
Ok you said you have 1000 dollars, you actually are making a risk, and putting money out of of your pocket- My question would be, how sure are you that you will not lose that money?
But would you consider investing less money instead?
If you are doing a business, do you get paid before you start your own business or do you get paid better after you have established your business, see, when you start your own business it will not take off right away, if others say you will get 1k in a day or a week right a way, well you better watch out, but like I said there are few good companies out there.
>> I actually know one, but I will only show you if you are really motivated, enough.
My questions would be
Do you have extra time?
Are you motivated enough to make money?
Are your options open to make an extra income?
Do you like to share your thoughts and experiences with people- like when you watched a good movie or ate a good food on a restaurant, do you tell them to people?
About the company I am with
We have a unique product
It is a solution to some of the major problems that US has, why some? Well we don’t have the cure for Cancer,
Yes the company actually trades in NYSE and has been established more than 3 decades.
I forgot the 5th is- TIMING
so actually now is the best time to join the ride, as we are about to sky rocket, I wanted to offer it to you so 5-10 years from now you can go ahead and look back, and tell to your self that you are glad you grabbed the opportunity.
You may or may not like it, but the opportunity is here in front of you, so what are you going to do about it?
Does it include selling?My question would be, if you ate a good food, would you tell it to your friends or to someone else? You referred them to that restaurant you just ate at, and they go and eat over there, do you get paid for referring the restaurant to them?
How about a music or a dvd or a movie that you liked, you actually tell i to people right, but you don’t get compensated for that. But still you do it.
What we have, people need, the good thing with this company I am with is, when you start you give more time to it and earn some money, but as you go and build your business, you will spend less time and make more money.
(Draw a bow, and inside the box draw a line from one corner to the other, just one line, and then on top write TIME and at the bottom write Money) so that is a graphical view of what I am saying.
Like I said, you may or may not like it, but you could get more for visiting my website, reading some information and watching some movies.
Otherwise, the 5 areas that I gave you, you can use to evaluate a company, if you can make money with them or not.
If you want more information about the company I am with, then send your request to jansoph[@]gmail.com or here on meanne0729[@]yahoo.com
I hope that answers your questions.
Iam new to investing and not really sure where to start i was thinking of putting 1000 dollars into Sharper image which was at 15 cents per share then went up to 23 per share today. If this is not a good investment what are some good investments like penny stocks or where should i start. also could you give me the symbol of some good investment stocks to maybe look up.
look at green energy stocks like GRGR.PK on the NYSE and TMG.V and SBX.V on the TSX. energy stocks as in oil are doing reasonably well and I believe that in the near future the US gov’t will change hands and green energy wil be pushed more to the forefront.
I would like to invest in some penny stocks and I know they are more risky but their returns can be huge.So I would like to know how to easily invest in penny stocks.
First, you need to find a brokerage firm and set up an account before you are going to be trading any hot penny stocks. Make sure you are set up to get good, cheap trades – some as low as seven dollars – that are available with all the major indexes.
When you decide to invest in hot penny stocks, you should make sure that you aren’t just following the pack and that you are ahead of the curve. Penny stock investing is all about buying what is undervalued and then selling quick to make a fast return on investment.
Because the market can change so quickly, the internet is probably the best resource to find the latest financial news.
Keep track of how much money you would have made with the recommendation of each website or whatever strategy you are trying out. Pay attention if one source in particular seems to be ahead of the curve and is picking up on the hot penny stocks before everyone else.
Hopefully your hot penny stocks will turn into this, and not the other way around Once you’ve decided for yourself which are the smartest investments, then go ahead and put your money into the market. But never invest more money into the market than you can afford to lose, because penny stocks – even "hot penny stocks" – can be extremely volatile. Be prepared to lose some of your money if you’ve made a bad investment.
For the best penny stocks to buy right now please visit my source.
I want to know if anybody knows of any good penny stocks that might be poised to make great returns in good time? Please give a good answer to earn 5 star best answer.
With any penny stock you choose to invest in, it’s a gamble. Obviously. BUT I believe I found a killer stock that shows great promise. I love Rentech, the stock ticker is RTK. I bought in at 70 cents two days ago, and unfortunately the market dropped over 250 points in the past few days, making RTK drop to 60 cents, so now it’s at even MORE of a steal. I just put in another thou into it today because it’ll pick back up when the market turns around at the end of the week. (All data points to a rally towards the end of the week right now)
Here’s why I think RTK is a stock set to EXPLODE within two years: The company specializes in alternative fuel. With global wamring hysteria 24/7 and world leaders constantly trying to find cleaner, more efficient fuels, RTK is the best company in this field. They make synthetic fuel from GARBAGE! The U.S. Air Force just signed a contract with RTK to use their fuel for millions of gallons of fuel for their planes. And we’re in a war right now, so you can bet that the Air Force is going to be very busy.
Keep in mind that there is always a risk with penny stocks. But of all the penny stocks I know of, I believe (as does my stock broker) that RTK is a very, very solid buy.
Best of luck to ya!
I have a little bit of money to play around with every month and wanted to find some maybe riskier but promising penny stocks. Know of any?
There is no such things as a "promising penny stock"
When you invest/trade in penny stock you should never put up more than you can afford to loose and you should assume you will loose it all. Unlike regular securities, penny stocks usually do not let you use risk cutting procedures (options and/or stop orders) since most are not traded in a highly regulated market place.
They say when you buy securities you have a 50%-50% chance of making money, when you buy penny stocks you have a 50-50-90% chance, 50-50 chance of making money and a 90% chance of loosing money.
If you want to meet other penny stock buyers, try some of these sites
http://www.smallcapinvestor.com/
http://www.stockwire.com/
http://alphaking.com/
http://www.otcstockexchange.com/
http://www.mcapstocks.com/Default.asp
http://www.pinksheets.com/pink/quote/index.jsp
http://ragingbull.quote.com/cgi-bin/static.cgi/a=index.txt&d=mainpages
If you decide to start investing in penny stocks, How do you get start?
first u take complete knowledge of it’ fundamental & it’s project & planning & policies. then observe it’s price movement
all u’ ll find in related sites
e.g.-in INDIA http://www.bseindia.com
http://www.nseindia.com
http://www.economictimes.com
http://www.mangalkeshav.com
I’m seeing more online about penny stocks and quite a few responses/advice from others to avoid them. What’s the biggest risk involved with them -vs- higher priced, more established stocks ?
Penny stocks can have excellent returns (in the tripple digits) in a very short time period. However, these stocks can also fall much faster and further.
I have gotten great returns on penny stocks but only when I avoid putting all my eggs in one basket. What I do is invest in equal proportions in several penny stocks that I like. This way if I loose close to 100% in one stock this is more than offset by the several hundred percent gain on other stocks.
Penny stocks are less liquid which means that even if you have a great paper gain you might have a tough time realizing said gain. This is your order sometime could take a while to execute and ultimatly execute at worse conditions than you would get on a more liquid share.
As a general rule stocks don’t IPO as penny stocks, in other words the stock has fallen since its offering. If you look at penny stocks as a value investor and analyze them as you would analyze value stocks you will usually find severely over sold stocks. These are the gold mines, however sometimes there is a reason why a stock has become a penny stock and you could get burned on those. (Hence the importance of research and diversification)
The biggest risk I have seen investing in penny stocks is that their valuation is often highly dependant on news flow. Sometimes there is are union negotiations, FDA approval, new product launches which can make or break a company. Unless you have material non-public information (insider trading) it can be quite difficult to know if this particular stock is going to shoot up 3 digits tomorrow or if the company is about to disappear.
The holdings are in two mutual funds and four stocks. The stocks are almost wiped out but the funds are down 50%. Would trading in penny stocks help in the short term. Any suggestions on specific stocks
I don’t usually look at penny stocks, but since crude oil started going back up, I did in the energy sector
Speculative oil penny stocks that are moving back up similar to crude oil:
US Markets:
BQI – Oil Sands
GST – Gastar Exploration
IVAN – Ivanhoe Energy
UK markets:
BOR – Borders &
HAWK – Nighthawk
I assume you use stop losses and candlestick charts. Make sure you calculate how much of $4K you want to risk.
Just try these then get back to the blue chips.
So I recently signed up for a sogotrade account because I liked their three dollar trade rate and several other things. However, I’m dissappointed that they don’t offer mutual funds so I will not be using them after all. Does anyone know a good online broker for penny stocks that also allows for mutual funds? I’d like to avoid incurring fees for penny stocks if at all possible – especially ok stocks priced under a dollar.
Any help is greatly appreciated. Thanks!
I think E-Z-trader on the internet would be a good place to start. Also, do some internet research.