On a scale of 1 to 10; how lucrative can investing in penny stocks be,if they are deemed very promising.?
Yeap, it’s either you make hell lots of money from it or you lose it all.
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are penny stocks wrth it?
i want to get into ivnesting but i dont have a lot of money to spend. ive heard that most of those penny stock websites are scams and the companies just buy up a bunch of stocks o make them look like theyre taking off and then once they sucker enough people into investing they sell them all and youre left with a bunch of worthless stocks. Does it ever pay off to invest in stocks under $1.00 or are they all worthless? Are there any reliable sources that can give me some insight into which new companies might be worth investing in? I’m only thinking of investing a small amount of money so i would be willing to take some risks. im only 18 so im really not even looking to make a lot of money i just wanna have some fun with it and gain some experience and get a better understanding of how it works.
Penny stocks are the debris of the market. Only fools play penny stocks.
Educate yourself before investing. Here are three excellent books you should read prior to buying any stocks or mutual funds.
One Up on Wall Street – Peter Lynch
A Random Walk Down Wall Street – Burton Malkiel
The Intelligent Investor – Benjamin Graham
Don’t believe any BS from anyone posting a penny stock site link. They’re just advertising and trying to sell you something.
What are the top penny stocks for the following 4 months?
I want to invest a $1000 in the penny stock.
What do you recommend?
And how can I buy stocks online from middle east?
And how much will it cost to trade?
Sorry I’m new to this, and thank you.
Penny Stocks are very high risk investments. They are very volatile and you should learn as much as you can before investing in them. If you are willing to take the risk on penny stocks you might want to give Foreign Exchange Trading a look. It’s also high risk but it can be much more profitable than penny stocks. You’ll need to educate yourself on it before getting started. Www.forexmarketsucess.com has some great information along with an ebook that has everything you need:
I’m only about halfway through the ebook but its given me lots of information and I’ve just set up my account with a great broker I found.
I hope this helps!
Penny stocks? New to stock market… need advice.?
I am looking to get into the stock market and was considering investing in penny stocks until I can get my bearings. I am not too familiar with the jargon however. I am looking to find a broker online that is cheap so that it doesn’t eat into my profits of my penny stocks.
I am currently looking at Zecco Trading. Not sure how well known they are… but I am a bit confused about the price jargon and how much it would cost to buy stocks from them.
What does it mean when they say “$4.95 per leg, $0.65 per contract”?
If I wanted to buy 200 shares from one company, is that $4.95 + 0.65? Or is it $4.95 PER share? It seems as though $4.95 per share would be ridiculous, but just wondering.
Any other advice would be more than welcomed as I am a newbie in this area. Thanks in advance for the help!
Just to clarify, I am not one to jump into things without knowing full well what I am getting into… so the comments about reading books about this is “common sense”.
I also like to ask on yahoo for people’s opinions, so you can just answer the question that I am asking instead of trying to imply how important it is to study up on stocks before investing.
I am not planning to invest SOON, this is just my starting point where I am gathering information.
Thanks for being concerned about my welfare though, it’s appreciated.
–“What does it mean when they say “$4.95 per leg, $0.65 per contract”?
If I wanted to buy 200 shares from one company, is that $4.95 + 0.65? Or is it $4.95 PER share? It seems as though $4.95 per share would be ridiculous, but just wondering.”
$4.95 per leg, + .65 per contract” refers to stock options trading. Stock options are derivatives of stock. Only certain company’s stock will have options that trade.
**For penny stocks, you don’t have to worry about stock options trading.**
in your example of buying 200 shares, you would pay $4.95 to buy, then you’d pay $4.95 to sell those shares for a round-trip of $9.90 in commissions.
You wouldn’t have to pay 4.95/share.
If you are looking for a low-cost broker to maximize profit, Zecco is not a bad choice.
I’d also check out (for low-cost)
I hope this helped.
how do i find a good penny stock?
I get tired of all the web sites that claim they have the best list of penny stock, and all you have to do is sign up for their service. I would like to invest, but don’t have a lot of money. How can I find good penny stocks to invest in?
The term “good penny stock” is an oxymoron. If the stock was good, it would not be a penny stock. Investing in penny stocks without YEARS of stock investing experience is about the most ignorant and financially risky thing you could possible do! Penny stocks wipe out 10,000 investors for every ONE that makes a decent return!
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