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Penny stocks

Discussion in 'Assets and Investment' started by Marcosfirecape, Apr 5, 2012.

  1. Marcosfirecape

    Marcosfirecape Forum Addict
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    Penny stocks

    Hello I'v been looking into penny stocks and wish to know more information from my fellow sythe community that have done it in the past or currently doing it.
    My first question is.....
    1.What site is a decent penny stock site? (hopefully not a scam)
    2.Since i'm new to this is it best off to do penny stock or just the stock market?
    3.Whats the profit margin of the penny stocks?
    4.How much do I need to invest to make a profit?
    5.What penny stocks are the best to invest?


    Thanks For the information
     
  2. kmjt

    kmjt -.- The nocturnal life chose me -.-
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    Penny stocks

    Penny stocks are always very risky. Yeah you may get extremely lucky, but if you are new to investing in stocks you shouldn't be looking into penny stocks. The more you invest in penny stocks the more you can potentially lose.
     
  3. F1Fanatic

    F1Fanatic Member
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    Penny stocks

    I wouldn't go anywhere near penny stocks! had a couple of bad experiences
     
  4. Panda-Splosion

    Panda-Splosion Guru
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    Penny stocks

    Penny stocks are pretty risky. However, if you're interested then usually the top index that deals with this is Nasdaq I believe. Don't put money into stocks you're not willing to lose.
     
  5. RS Prodigy

    RS Prodigy Apprentice
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    Penny stocks

    As they have said before, they are very risky.


    from what i understand, penny stocks can be easily manipulated by any given person who has enough money, etc.
     
  6. LeagueGames

    LeagueGames Forum Addict

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    Penny stocks

    Bad experience with penny stock, lost over 4,000$ don't do it. I learn't my lesson
     
  7. moe money

    moe money Active Member

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    Penny stocks

    cuz think about it why do they cost a penny
    stay away from them waste of time and money
     
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