which is best site for penny stocks?

3 Comments

1. Archer2000 says:

   March 9, 2010 at 02:54

   Wow. People are still pumping that UOMO as if it were a good stock.

   (P.S. Don’t invest in a stock that is advertised to you, those are usually scammers trying to pump the price and make profits off your purchase.)

   Penny stocks are best defined as being under $1 in price per share.
   If a stock is reputable, worthy, and good for trading, the price will already have risen far above $1 per share to where the stock may be fairly valued.

   If you are serious about buying penny stocks, then you should be aware of the risks involved, what effects a drop of 10 cents will do to the stock price, and how you plan to get out of the stock once your exit criteria are met.

   If you need information about penny stocks and their place in the market, check out some of the good articles found on the Investopedia website.
2. vincent says:

   March 9, 2010 at 03:51

   Hi Pati,

   You should look for the following traits in a penny stock site:
   1. Unbiased opinion: This is very important as you dont want to get caught in a pump and dump scheme.
   2. Regular updates: another very important feature as in penny stocks you should know that the exit(selling) point is as important as the entry point(buying). for this you need a site which has regular updates
   3.Watch lists: Make sure that the site you follow has a set of particular stocks (watch-lists) for that particular trading period as you dont want to miss out on the hot penny stocks during its peak.

   I have been an active investor in the penny stock area , and i regularly follow : http://www.hypergrowthstock.com/home-page
   i think this site has helped me a lot to understand how penny stocks are moving regularly and , the guy gives regular updates with clockwork precision.
3. Max M says:

   March 9, 2010 at 04:25

   http://www.finance.yahoo.com