Is it a good idea to invest in penny stocks?
December 30, 2007 by admin
Filed under Todays Watchlist
Is it a good idea to invest in penny stocks?
2007-12-30 23:46:26
Hi I refer to www.vantagetrade.com for all the buy and sell signals since as far as I know is very accurate at this.
But few times, since it is an automated website, it gives recomendations on penny stocks as low as Re 1. now should I follow the trend or should I go for something else?
Hello I am referring to www.vantagetrade.com throughout the business and sell signals since then as far as I know are very precise on this. But a few times, because it is an automated Web site, gives recommendations on penny stocks as low in relation to 1. I should now follow the trend or should I go for something else?
I would stay away from penny stocks all together. The market nowadays is so unpredictable and you can lose it all.
Avoid. Penny stocks are particularly prone to be targetted by scammers who pump up the price with misleading ads, then make it crash.
I think investing in penny stock is very risky in the stock market industry. I am living in the International Capital of scams of stock shares and real estate transactions, Hong Kong. On top of penny stock is not recommendable, never try to invest in the warrants of put and go or whatever, margin and all derivatives are too risky. You will probably lose more you invested in different kinds of investments such as margin and accumulator. I personally know person lost from 10k to HK $10 millions for invested in the stock markets in the past three years. You best bet is to get higher education rather than just making money by buy and sell stock. I suggest you should go through the entire article written for stock markets.