How can I get wealthy with penny stocks?
What are the best penny stocks on the market? What are trusted research sites and apps to use for penny stocks?
What are the best penny stocks on the market? What are trusted research sites and apps to use for penny stocks?
The Old Guy
Favorite Answer
Penny stocks ARE NOT for newbies. Only those with trading experience should consider trading in pennies since they understand the market, the risk and the problems associated with penny stocks.
Those with securities experience will tell you that you are foolish to start in the market by using penny stocks and those that are in business will tell you not to do it.
So with experienced investors/traders telling you not to do it, and those that are professional tell you not to do it, and even the Securities & Exchange will not recommend you do it, why do you think you can make any money.
Before you enter an order for penny stock, read what the SEC has published regarding penny stocks http://www.sec.gov/investor/pubs/microca…
The major firms on Wall Street do not and would not trade/invest in penny stocks,
Professional traders/investors do not and would not trade/invest in penny stocks,
Experienced traders/investors do not and would trade/invest in penny stocks,
Those that understand the markets do not and would not trade/invest in penny stocks,
The Federal Government prohibits broker/dealers from recommending penny stocks,
The Government tells brokers and the general public not to invest/trade penny stocks.
Only those with little or no experience in the market believe that penny stocks can be investment vehicles, they don’t know that the majority of penny stocks do not trade in a regulated market, nor do they know what a regulated market means, but that’s understandable since they nor do they know very little or nothing about how a real market operates and are gullible enough to believe whatever they read about such crap.
If Professional, & experienced insiders along with regulators do not think one should get involved with Penny Stocks, why do you, a newbie, think you should.
kswck2
You cannot.. They are for suckers and professionals-and YOU are neither.
The Oracle of Omigod
You can't. Penny stocks are gambling, not investing so you will invariably lose your money in the long run.
Judy
Penny stocks are very volatile - it's possible eto get lucky and make a lot of money on one, more likely to lose money.
Casey Y
By selling them to unsuspecting idiots....oh wait... you want to buy some..