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Are penny stocks a good investment?

Updated: 9/20/2023
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Wiki User

12y ago

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From what I understand penny stocks seem to be subject a lot of different types of fraud such as Artificial inflation, sometimes are also sold illegally overseas. I would get some advice from a stock broker before you invest.

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12y ago
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Q: Are penny stocks a good investment?
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Has anyone ever become wealthy trading penny stocks?

Yes, but not quickly. Investment in penny stocks is not a get-rich-quick scheme. You need to select your company for its potential and need to be patient while you wait for the investment to mature.


What is penny stocks to watch?

Penny stocks to watch is used to help determine what stocks to buy for a quick profit. It show significant growth and investment potential. It can show you the businesses profit and how it has gone up. So it's a pretty good way to buy stock the will succeed.


what is the best way to pick penny stocks?

First, you need to understand that Penny Stocks are the most unstable and volatile stocks to have. They are not for long term investing, and you could lose ALL your investment funds quite easily. More information: http://www.wikihow.com/Pick-and-Trade-Penny-Stocks


Are penny stock fortunes used often?

Penny stocks are a very, very, very risky investment and it is unwise to try and get rich off of penny stock valuations. Winners in penny stocks usually have to be luckier than lotto winners.


How can one get rich from buying penny stocks?

Penny stocks are cheap, because that's their value. However, many investors don't realize that penny stocks can grow to become high in value. The next time you create an investment portfolio, throw in a few penny stock and you will be surprised on the growth.


Is Penny hot?

By neglecting penny stocks companies within these industries you may restrict your portfolio's ability to make some solid gains. the hot penny stocks from popular stocks message boards. Our site will let you know the companies being picked the most often on popular stock message boards as a good investment to make. The best part of this feature on our site is that penny stocks require the investor to trade quickly. So, may be penny hot.


Are penny stocks good to own?

There are many penny stocks you can buy to make millions of dollars in the market. For more information on the best penny stocks you can visit www.penny-stock-picks.com/.


How can I be sure it is safe to buy penny stocks online?

You can be safe to buy penny stocks online at http://www.ehow.com/how_2316381_buy-penny-stocks-online.html. Another good site is www.pennystock.com


Where can I get information on penny stocks?

you can get good information on penny stocks from places that sell and trade the stocks.. a broker can help you with any questions and you are always taking a risk..


What are the benefits and downfalls of having pick penny stocks?

Penny stocks refer to stocks that are very cheap and be bought at a very cheap price, usually less than a $1 a share. The pros are if they go up, even a few cents, it is a big percentage of your investment. A con is that penny stocks are very high risk and have a high rate of failure.


What are some good sources for penny stock picks?

For information on how to discern GOOD penny stocks, try myarticle.com or stockreads.com. Buying penny stocks is easy on websites like allpennystocks.com, pennystocks.com and pennystocks.org.


Is there a good course that teaches how to pick penny stocks?

NO THERE ISN'T A GOOD COUSE THAT TEACHES HOW TO PICK PENNT STOCKS.