I only have a few thousand to invest but all I need to make is a few hundred per month. Who knows how to do this in a reasonably and relatively safe way? Additional Details Hah, I like ...
I am getting about $3000.00. I have enough money to suit me now, I want to save about $2000 of the $3000, What is the best way? a cd (my local bank is 4.75% min 6 months, $500 min) govement bonds?, i ...
Just sitting there in a checking account. Additional Details Thank you for the answers thus far -- I wish to add that I am young (under 25) and wish to go with a moderately aggressive ...
Penny stocks are very, very, very risky and volatile.
Most folks think its a great way to earn fast, easy money. Believe me: Its not.
The ONLY thing penny stocks are good for is to get folks to part with their hard-earned money.
A few sayings about Wall Street:
There aren't any gifts on Wall Street!
Trees don't grow to Heaven. Neither do stocks!
Bulls [Buyers] earn money!
Bears [Sellers] earn money!
Pigs get fat!
Hogs [Greedy traders] get slaughtered!
Plan the trade AND trade the plan!
When a trader breaks his/her trading rules, he/she runs the risk of breaking his her trading account!
Thanks for asking your Q! I enjoyed taking the time to answer it!
VTY,
Ron Berue
Yes, that is my real last name!
jhon
your going to be surprise with this penny stock (biom) biomira will pass from penny stock to hundreds of dollars in any time
biom
Terry
By definition, a penny stock is more like gambling than an investment. So to answer your question - none.
You'll have more fun losing money in Vegas.
Brutus
None. Sometime, read the spam you get promoting penny stocks. It's called pump and dump.
Baccheus
Jumping in with the "none" answer. Even if the stock grows, the transaction costs will wipe out your profits when you buy and sell.
thebigm57
Boy there are some major cynics out there. Penny stocks in general aren't good, but with some due diligence one can find some gems in that market. I'd urge caution because many of the stocks are Hyped that is some stock letter will come and look independent until you read the fine print that the opinion contained within isn't that of the newsletter it's been paid for by an "investment" broker or the company written up (the worst kind). Use your RISK money only and look for a company with a quality technology like Octillion (OCTL.OB on Yahoo as an example).
Lana P
Penny stocks are not good investments. Very few actually make it out of the "penny stock" category.
Just remember, the initial stock price offer is based on company's assets, debts, liquidity......, so logically thinking, most likely that company and it's stock will not "reach" the sky.
james s
Just read http://www.penny-stock-secrets.com but didn't too much new.
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