Jen Maday: Well the first thing to say is as mentioned above, only invest what you can afford.The best stocks to invest in....now that is a tricky question. personally i use a penny stock newsletter (as per below) and then perform my own analysis and research on the recommendations i get from that.As with alll investing try not to get emotional about your investments. Before you buy be sure to set profit and loss limits. It is so easy to hold a plummetting stock in the hope that it must rise at some point. Leave your emotions at home....Show more
Kristina Brockwell: penny stocks are usually only good for short term investing. I typically only buy pennies with the intention of selling within a day or two, if not within the same day. That being said the best to buy are the most volitile: CCTYQ, LEHMQ, WAMUQ are some volitile very low priced stocks. Technichnally a "penny stock" is a stock trading for under $5/ share. That would make F and GM pennies right now... Great! buys in the long run, because the government will just as soon bail them out if they get to that point....Show more
Troy Staton: Penny shares could be traded profitably, yet they do require greater means to commerce nicely than bigger priced shares. while you're new to paying for and merchandising/making an investment than you need to not be paying for and merchandising penny shares. in case you do come to a decision to bounce in anyhow be waiting to lose 50% of your investment in one day. Penny shares are very unstable, so area of the biggest to paying for and merchandising those is to commerce a a lot smaller volume of your portfolio. in case you possibility too a lot on penny shares you will blow out your account very rapid. This volatility however can carry approximately extensive effective factors. i've got seen penny shares that have long gone up greater beneficial than a hundred% in an afternoon. As I reported however, you're able to desire to possibility an r! ather small volume of money on those trades so as which you do! no longer blow out your account earlier you get a win. while you're new to paying for and merchandising on the inventory industry stay faraway from penny shares till you are able to extremely reliably make money on bigger priced and much less unstable shares....Show more
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