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What are some hot penny stocks ?
I am looking for some penny stocks that you think might have an upside.
4 Answers
- Anonymous1 decade agoFavorite Answer
Looks like you want very high yields. "Penny stocks" (pink sheets, or "PK's") can do that but the odds are 49 to 1 against you. You might try short term momentum trading. Find big "mo" stocks, for instance FSLR, ISRG or POT, go long and pay LOTS of attention. Watch the news, watch the stock. Still risky, but nothing like the almost certain losses in the penny stocks.
- Anonymous5 years ago
Penny stocks don’t cost much money and promise big profits. But trading penny stocks is also a good way to lose money.
Sure, it’s possible to profit when you understand the game. Learn here https://tr.im/J4D8x
For investors who can’t afford shares of Google or Apple, the potential gains from trades like this are too good to pass up. So penny-stock trading thrives. With a relatively small investment you can make a nice return if the trade works out.
- A5150YleeLv 41 decade ago
Penny stocks have about a 2% chance of making money, but when they do, it's good money. So the trick is to be in an equal amount of 100's penny stocks hoping to get the few good returns.
FYI, I stay away from them, they are too risky.
- 1 decade ago
You will need to do your own research on "pink sheet" stocks. The on-line offers are almost entirely scams. Most penny stock sellers try to bump up the price then bail out themselves and you will have no market when you try to sell, but if you do your own research you can find some good newcomers.