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Old 11-09-2010, 11:20 AM   #1
BTcigars
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Default Re: Penny stocks...?

Golden stock advice: Wait for a new Apple product to come out. A flaw will be discovered and the stock will drop. BUY BUY BUY! the next day people realize they cannot live without a new ipod/iphone/ianything because their current 6month old device is large and clunky and not fashionable anymore
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Old 11-09-2010, 12:21 PM   #2
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Default Re: Penny stocks...?

Personally I use USAA.

A lot of your financial institutions have a Investment system online, you just need to ask. Depending on your level of initial investment you may have unlimited or limited transactions.

Also need to see what restrictions they have regarding your trade and financial movement of funds. In USAA's case if I sell a stock the funds may be available immediately for use for another investment, however if I wish to turn those funds in to an asset (like my checking account) it takes 72 hours before i can do so.

Just look around and check the options. Several good ones listed here
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Old 11-09-2010, 01:14 PM   #3
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Default Re: Penny stocks...?

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Personally I use USAA.
Just for anyone who doesn't know, USAA is only available to Active Duty Military, Veterans, and their dependents.

I love USAA.
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Old 11-09-2010, 01:07 PM   #4
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Default Re: Penny stocks...?

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BUY BUY BUY!

Someone watches Kramer
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Old 11-09-2010, 03:49 PM   #5
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Default Re: Penny stocks...?

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Someone watches Kramer
Lol never watched a Jim Kramer show before, except for when he was on The Daily Show
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Old 11-09-2010, 01:46 PM   #6
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Default Re: Penny stocks...?

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Originally Posted by BTcigars View Post
Golden stock advice: Wait for a new Apple product to come out. A flaw will be discovered and the stock will drop. BUY BUY BUY! the next day people realize they cannot live without a new ipod/iphone/ianything because their current 6month old device is large and clunky and not fashionable anymore
Better yet.... find out what the new Apple product can't work without. The battery, acomputer chip in it, or the company that supplies the plastic for the cases, etc.... That type of stock is probly lower (easier/less cost to buy) but when Apple products goes up in production, (holidays=now) the value of the parts inside the phone go up too. Thus increasing Apple's and the phone components parts companies's stocks go up too...
You may not make as much as if you put your money in Apple, but it would seem a little safer to me.
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Old 11-09-2010, 02:02 PM   #7
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Default Re: Penny stocks...?

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Better yet.... find out what the new Apple product can't work without. The battery, acomputer chip in it, or the company that supplies the plastic for the cases, etc.... That type of stock is probly lower (easier/less cost to buy) but when Apple products goes up in production, (holidays=now) the value of the parts inside the phone go up too. Thus increasing Apple's and the phone components parts companies's stocks go up too...
You may not make as much as if you put your money in Apple, but it would seem a little safer to me.
Exactly, and when Apple signed a deal with AT&T, they were another stock to buy. Now that they are going to Verizon, VZ was something to look at. The list of stocks/companies linked to a product can be endless.
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