Stock trading?
Does any body know good penny stock to buy now?
Public Comments
- penny stocks are a bad idea. They are cheap for a reason. per dave.. read on: Are you kidding? On the ladder of stupidity penny stocks are just a rung above day trading. The idea that you’re going to play around with these things and make some money or gain valuable knowledge about the stock market is ridiculous. That’s like playing marbles to learn how to drive a car! If you’re serious about investing pick some good growth stock mutual funds that have been around for 10 to 20 years. With lots of these you can start out for as little as $25 a month and have the amount automatically drafted from your checking account. Messing with penny stocks is like playing the roulette wheel. Stay away from them! - Dave
- I agree with the previous guy for the most part. I have been investing for a long time and I also went through the phase of investing in penny stocks when I was younger (because I heard a story of some dude someone knows that made a ton)... well let me tell you something, its a bad idea to invest in penny stocks based on "tips." Usually the tip comes from someone who got the tip from someone else and is also invested in it and wants it to go up... and guess what.. it never works out. You ONLY hear the stories about that 1 in 1000 hit, not the other 999 cases where nothing happened or they lost everything. Think of it this way, if the stock market was a casino, penny stocks would be the Wheel when you first walk in. That being said, if you want to invest in small cap stocks (stocks worth only a couple hundred million dollars), you might want to go to Motley Fool and get a trial subscription to their Hidden Gems newsletter. You can get it for one month and get some ideas. At least, you are getting advice from somone who has tried to do some research.
- PCP.P
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