Tag: investing in penny stocks
7 Penny Stocks Worth The Danger As Pandemic Catalyzes Growth
These seven penny stocks have the right catalysts, business models, and tailwinds Investing in penny stocks is primarily the domain of highly risk-averse market participants. The risk profile of penny stocks is, of course, a double-edged sword: investors could lose a lot of money on them, yet could also reap massive returns. Many investors do […]
3 Penny Stocks That Are Poised For Big Gains
Each of these penny stocks holds significant long-term promise and some undeniable risk too Seasoned investors know that some of the greatest stocks of today started out small, as penny stocks under $5. For example, in July 2015, Advanced Micro Devices (NASDAQ:AMD) was below $2. Now it is well over $50. Proactive management and the right growth […]
The Pros And Cons Of Trading Penny Stocks
If a company is too small to be listed on the NYSE or NASDAQ stock exchange, it can trade through the Bulletin Board or Pink Sheets electronic quotation systems. The equities that are traded are known as penny stocks. These stocks trade below $5 a share. You can check out a full description of penny stocks provided by […]
Penny Stock Trading: How To Profit Like A Pro
Penny Stock Trading has always been the proverbial backwater of the investing world. Though many consider penny stocks to literally mean a stock price below $1, SEC actually defines $5 as the threshold for penny stocks. Beginners are always suggested to keep a distance from penny stocks. In reality, though, you may be underestimating the strategy. […]
Are Penny Stocks A Good Bet?
You might have heard the get-rich-quick stories associated with penny stocks, but are these investments really a path to easy money? A Penny for Your Thoughts It’s fun to fantasize about quick and easy money in the stock market. Capitalizing on this fantasy, the world of penny stocks holds the promise of instant and effortless […]
Use News To Buy Penny Stocks The Smart Way
Want to buy penny stocks the smart way? Use the news. I’m not talking about devouring every page of the Wall Street Journal or Investor’s Business Daily. This approach isn’t nearly so time consuming. And it follows some remarkably simple rules of thumb. When you see that Company A gets in trouble, try to find […]
MORE Penny Stock Trading Advice I Give My Friends
So last time I wrote about my friend Briana M. who asked for some advice on trading penny stocks. You can see that article right here: Penny Stock Trading Advice I Give My Friends. So I told her about keeping her money safe. I explained why you should never trust a stock tip from anyone […]
Penny Stock Trading Advice I Give My Friends
The other day I opened my email and I got a message from a friend… Nothing unusual there, I get hundreds if not thousands of emails a day. But what she asked gave me pause… Briana M. asked… “Do you dabble much in penny stocks yourself? If so, what penny stocks do you recommend? My […]
Should You Trade Penny Stocks Weekly?
The other day I presented an idea that many people in the stock market are trading penny stocks weekly… or even daily. And my thinking is simple… that’s too much, and I can prove it. First, why is trading so frequently a problem? It’s really the difference between being a penny stock trader and a […]