Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

What is a Good $1 -$2 stock ?

I'm trying to get into investing but cheap investing, can you help me on a good cheap stock that could work?

7 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    The very last place a "newbie" should be is penny stocks (anything under $5). What you're doing will hurt you!

    The key to investing in penny stocks is tight money management. This is is a skill that takes years to develop. You'd need 5 years at least of trading experiance.

    So..... here's some stocks that I'll make money at & you'll lose money on;

    RHD

    RDN

    SWIM

    AMD

    SHFL

  • 4 years ago

    1

    Source(s): Ultimate Guide to Penny Stocks http://teres.info/TheTradingCode
  • 5 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/pennystocktrading

    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.

  • 1 decade ago

    I suggest you had better consult with experts on special sites. Take me as example, I met a so-called expert on cougar dating site, SugarmommaCupid.com. the guy persusde me to invest into good stocks, but after i consult with experts, i refused him.

  • 1 decade ago

    If you want to roll the dice, check out airline stocks (LCC, etc).

  • Ranto
    Lv 7
    1 decade ago

    In a few days, perhaps GM

  • Anonymous
    1 decade ago

    i bought some gss today

Still have questions? Get your answers by asking now.