What are penny stocks? How do they work? Are they worth it?

Stay away from them. They are usually penny stocks for a reason.

Want to make a small fortune in Penny Stocks? Start with a large one!

They are low-priced issues, often highly speculative, selling at less than $1 a share. Frequently used as a term of disparagement, although some penny stocks have developed into investment-caliber issues.


Netegrity $2.18 to $78.20 3487%

Visionics $4.38 to $21.00 379%

Cellstar $1.44 to $13.50 837%

Iomega $3.25 to $13.90 328%

Nanophase $3.75 to $16.75 347%

Immunomedics $1.44 to $29.12 1922%

Total Renal Care$3.12 to $26.95 741%

Voxware $ .90 to $10.31 1046%

Corvas $3.00 to $23.25 675%

Cytogen $2.12 to $17.50 725%

Verilink $3.00 to $14.62 387%

GeneLabs $2.31 to $10.72 364%

I'm on the line on this one.

www.thepennystockguru.com!! He had a recent pick, I think was LEE, went from like .$60 to $1.40 in a week! You should check it out if you want to get into penny stocks!

Penny stocks are very, very, very risky and volatile. AND I LIKE Pokesfan's answer!

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 answering it!

VTY,
Ron Berue
Yes, that is my real last name!

Source(s): My wonderful family!

My wonderful trading coaches and mentors!

ABSOLUTELY THE BEST trading group in the entire world - of which I am proud to be a member of!

"THE University of Hard Knocks"

NO. penny stocks are for people who just have money to blow and have fun taking risks.
Never buy into anything under $7.

Even Google started off as a penny stocks. They have their benefits as well as drawbacks just like gambling.

Penny stocks definitely bring certain profits. The basic principle is buy low sell high. You can pay money for a few pennies and sell for dollars within days or even hours. Owing to the low starting value of micro cap stocks, their prospective for growth is far-fetched. Let us see it www.madpennystocks.com

Your blog is too good than others.keep it up.

Usually being traded for $5 or less than that per share over the counter (OTC) through quotation services, these penny stocks have limited liquidity and can sharply change.

Penny Stocks are those stocks which trade below $5/share