Stock Markets Exposed

what is a real good penny stock to invest in where there could be a big return within the next few weeks?

what is a good penny stock and why it looks like a good investment

Public Comments

  1. Stocks are not a good choice for short term investment; they are there for the long term. I know you won't listen, but i'd suggest that NONE of them are a good choice.
  2. You don't need to look at penny stocks to try and make good returns. It depends what you mean by "penny stock." I bought 1000 shares of Ford on March 12 at $2.07 and sold last Thursday (the 26th) at $2.90. My point is, don't just try to find some obscure "penny stock" to put some money in and hope it goes up. See what's going on in the market, what's big news. I figured people would be getting in positions with Ford and GM in order to see what the government would do about GM's situation, and it paid off. Just follow the news. A lot of big companies are now "penny stocks" if you use the definition of stock under $5 per share, which makes them affordable. However, volatility is high, so keep your eyes on everything and be ready to act fast.
  3. I would not take advice from this forum on any short term money making advice. If we knew we wouldn't be on here to answer your Q, we'd be making short term gains in the market. If you really want to invest into a company you need to research that company to see if it serves the needs of many people so that it will do well in good and bad times; ie, electric companies, water and power plants. You also need to see if you think the company will be around in 10 years. If you want short term gains you should look into something that involves more sweat equity like sales or buying a house that's a piece of junk, fixing it, and making the difference between what you would have paid a contractor and what you spent doing it yourself. Of course, this is something you should spend working 5 years, or so, on a crew for someone who does this to learn the business, put your capital together, and then go out on your own.
  4. It is impossible to keep the uninformed away from penny stocks. They are like a moth drawn to the flame. Not a recommendation, but hold your match to MYST and see if you can get burned.
  5. I can't agree with the first person answering, you have a long and short term view of everything when investing. Plus, it all depends on when you might need the money! The second person is one of the smarter ones I've heard of! I bought into Ford as well! Bought it below $2 a share and sold it a week later for a decent profit! I needed the money too! Penny stocks are generally considered by most pros and even those of us who invest as a stock under $5 a share, but look at how many stocks are priced that low now too! Quite a few and with some good returns lately! You might want to talk with some of the older investors near where you live! They might steer you in the right direction, but it's best to get differing opinions, even from the pros! If the pros don't see the reality of this economy, then I don't bother with what they say anyhow! I'm in a few penny stocks, mostly that's what I'm in. I'm up over 40% this month alone. I hope I can continue that! I need it for bills and life in general! Just be careful though, and plan to leave you money in there for a few months for a nice profit like the guy above me who also bought Ford. I probably wouldn't buy Ford now, I'd wait until it comes back down again, and the same with GM as well. For that matter, I'd wait until the market comes down in general, and it will, and then invest. If the market comes down to 5900 or so, you might want to be all over that or wait until it has a couple of up days and get in it! If you can, make certain the money can be left in the stocks for months or even a year or two to get a good return. Keep in mind one more thing, there's going to be some businesses closing up, at least a few more that are being traded. It's just like more businesses closing up around here. There's been a bunch of them over the last two years! Keep in mind that most of us here are only investors like yourself, and we're not offering advice, just our opinions!
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