I need Penny Stock advice and Tips, How to buy and trade. Do you need a broker?
pat asked:
I am seeking good sound Penny Stock advice, web sites, chat rooms. tips, Can we buy stock with out a broker ?
Hot Penny Stock tips………….I have studied R.U.N.U.pk :Rudy: energy drink……..but being new to this kind of investing I am seeking all and any help I can get. You can contact me directly at skytech42@yahoo.com
Thank You & God Bless !
I am seeking good sound Penny Stock advice, web sites, chat rooms. tips, Can we buy stock with out a broker ?
Hot Penny Stock tips………….I have studied R.U.N.U.pk :Rudy: energy drink……..but being new to this kind of investing I am seeking all and any help I can get. You can contact me directly at skytech42@yahoo.com
Thank You & God Bless !
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February 3rd, 2010 at 5:13 am
You need a broker to buy stock, but you can trade online, you need an online investment account which can be set up by your bank. Do your own research which involves picking the brains of the experienced traders. Energy stocks, oil and alternative forms, wind, solar etc should do well… but remember that stocks are very legalized gambling and you could gain or lose alot. check out GRGR.PK
February 6th, 2010 at 12:27 am
The number one and two typical mistake of new investors;
1. Buy any penny stock.
2. Put a large amount of their assets into one or two stock positions.
Read several books on investing. Take a year & learn.
Don’t get into the “gambling” mentality.
February 9th, 2010 at 11:45 am
Buy penny stocks only for entertainment value.
February 12th, 2010 at 4:49 am
you will be out of your mind if you do not try they are awesome!
February 14th, 2010 at 12:23 pm
Being from the Industry – I must say that pennsystocks are not good investments. You trade them as “fun” not for a living,
They are not Investment quality.
They say when you buy securities you have a 50%-50% chance of making money, when you buy penny stocks you have a 50-50-90% chance, 50-50 chance of making money and a 90% chance of loosing money.
That said,
The only way you can invest/trade stocks in the US is you must open a brokerage account. – No way around it
There are some sites out there you may find interesting
ragingbull.com;, stockwire.coml, alphaking.com; mcapstocks
.com;
good luck
February 15th, 2010 at 12:00 am
From my experience save your money for the most part US based pennies are frauds and are pure gambling. They can make up news events and have no filing requirements.
If you want to look at very low priced stocks that are under $1 per share the TSX or LSE are the better markets to speculate in. They are actually legitimate companies that have regulatory filing and listing requirements and some can trade at ridiculously low valuations in terms of accounting measures compared to a US counterpart and if discovered can yield a big return. They also can be great trading vehicles if you can time the news but if you can pick the right ones holding them can be much more lucrative. Timminco. TIM.TO (US ticker) TIMNF over the last 18 months is an example.
February 18th, 2010 at 4:19 am
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