Anybody Trade Penny Stocks?

Starscream · 01-27-2011, 03:24 PM

Where do you invest in penny stocks?

Tio Gato · 01-27-2011, 07:13 PM

There's a good reason that they trade for pennys.

The best advice I've had for investing is to buy what you know. If you have some experience in a business then you should look there.
That's where you can do well. Have fun and don't bet the farm.

jmsremax · 01-28-2011, 07:21 AM

Quote:

Originally Posted by Tio Gato

There's a good reason that they trade for pennys.

The best advice I've had for investing is to buy what you know. If you have some experience in a business then you should look there.
That's where you can do well. Have fun and don't bet the farm.

Exactly, penny stocks are not for amateurs. You have to watch them constantly and most traders stayin a position for not more than a few days. Typically penny stocks are not very liquid. Good luck!

01-27-2011, 03:24 PM	#1
Starscream Knowhutimean, Vern? Join Date: Oct 2008 First Name: Andy Location: In a little town somewhere in the USA Posts: 10,237 Trading: (4)	Re: Anybody Trade Penny Stocks? Where do you invest in penny stocks? __________________ Insert quote here.

01-27-2011, 07:13 PM	#2
Tio Gato Uncle Kitty Join Date: Oct 2008 First Name: Jeff Location: Casa Grande, AZ Posts: 2,079 Trading: (11)	Re: Anybody Trade Penny Stocks? There's a good reason that they trade for pennys. The best advice I've had for investing is to buy what you know. If you have some experience in a business then you should look there. That's where you can do well. Have fun and don't bet the farm. __________________ "You stink like cigars Uncle Kitty!" Said my Boo age 3. "Kid, take care of your family and the hell with anyone else" My Grandpa Bubba.

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