Basics of Investing

Archive for August, 2009

Question: How Are You Going to Tell Me that My List of 15 Penny Stocks are No Good?

I have a list of 15 penny stocks that I have been carefully examining. They go down but they never bottom out at below .01, and when they go down, THEY ALWAYS GO UP.

But I know there will be a bunch of ppl telling me that I am a fool for investing in penny stocks because they are “aLwAYS gOInG to LoSE yOU monEY”

but how can you tell me that if I have looked at these 15 penny stocks and they always have periods of downs AND ups, and they have never been below .01?

Maybe just any penny stock, i have seen those graphs where they do that, but the ones i have looked at that i just described to you, you can’t tell me that those are going to be terrible investments. and if you can i’d like to hear how.

Answer: Why do you care what everybody on Yahoo! Answers says? Nobody ever knows for sure what is going to happen. A great company’s stock price could crash just as much as a bad company’s stock price could soar.

Stock Investment Tips : How to lnvest in Penny Stock