You Need Information On Penny Stocks To Succeed

These days most people rely on search engines and the internet to do research. While this is a decent place to get some information, it doesn’t always provide the most complete or the most accurate information for everything — it really depends on your source and the subject matter. If you’re searching for accurate and detailed information about penny stock companies so you can make wise investments, it’s better to broaden your search beyond the internet, where there are too many sources of fraud and scams anyway. There are a few specific places you might want to reference before you put your money on the line.

One good place to check is with the SEC. If the company files with the SEC they are making an attempt to look legitimate. Along the same lines you may also want to check with your state regulator as well as the state regulator for the state in which the company is located. This is often the first place complaints about a company or stock are registered; some complaints never leave this state level, so you may find out more by going directly to the state office. Continue reading

Penny Stock Fortunes

Is it really possible to make significant money buying and selling penny stocks?

Yes, it is possible. Is it likely? Well, that’s another question. Some people have earned significant money simply buying penny stocks low and selling them for a profit, but actually doing this isn’t as simple as it sounds.

Because these stocks are low value per share they are tempting for the beginning investor, but this is actually a complicated market that can be quite volatile. Even though the price per share is low, these stocks are generally traded in volume. This is how you make more money, but it also what makes them risky. Prices can go up or down quickly and as the price goes down you need to find a buyer if you want to sell your stock.

Buying penny stocks and selling them for a profit requires research. If you are willing to do the work and put in the time there is money to be made in this business. There are a few keys to success in this market. Continue reading

How Penny Stock Screeners Should Be Used

As you strive to make the most of your penny stock investments you will want to take advantage of some of the tools available to you. One of these tools you should consider is a screener. Stock screeners help you look through a number of stocks to filter out specific ones through set variables. This can be a big time saver as you try to choose stocks that fit into your ideal trading plan.

There are a few different ways you can experiment with this to find the best fit for your trading strategy. You may want to consider a fundamental analysis or a technical analysis. Whichever you choose you can find stock screeners that are free or screeners that come with a fee. Learn more about the benefits of each type in this article. Continue reading

Penny Stock Fraud

Be careful because penny stock fraud is frequent and pervasive. I don’t mean to scare you away from penny stock trading, however you need to realize that many unscrupulous individuals are out there eager to exploit newbies in this field.

The SEC (Securities and Exchange Commission) estimates that penny stock fraud costs the economy billions of dollars every year. As stocks not on the NYSE or NASDAQ often do not need to fulfill the same standards to trade within Pink Sheets or the OTCBB, they can be much more susceptible to being manipulated and falsified online.

While some microcap fraud may occur on the NASDAQ Small Cap Market, a vast majority of stock fraud occurs in the OTC Market. So proceed with caution and always do your due diligence when trading penny stocks. Continue reading