Comments on: Are penny stocks worth the investment, if so, what are the best kinds? http://www.secretpennystockfortunes.info/are-penny-stocks-worth-the-investment-if-so-what-are-the-best-kinds/ Profitable penny stocks to watch Mon, 18 Oct 2010 19:43:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Mike http://www.secretpennystockfortunes.info/are-penny-stocks-worth-the-investment-if-so-what-are-the-best-kinds/comment-page-1/#comment-7209 Mike Tue, 27 Jul 2010 03:44:23 +0000 http://www.secretpennystockfortunes.info/are-penny-stocks-worth-the-investment-if-so-what-are-the-best-kinds/#comment-7209 Overall No. They are all bad stocks and all you can hope for is that there will be someone to sell you shares at a low price and someone willing to purchase your shares at a high price. There aren't any fundamentals to base the value of penny stocks with the vast majority loosing money (they got to be penny stocks because they were performing so badly). Most will likely go out of business in the near future making the stock worthless. As an example, some people made money betting on GM stock when it fell below $1 but like most penny stocks, it became totally worthless when no one would bid $0.01 for the shares. However it was worthless long before no one would purchase the stock at any price but people were just playing a game hoping to be able to make a profit on the swings. Investing in penny stocks is much like betting with a friend. You just hope that you play the game better than the other guy. Sometimes you do better and some times you don't and there isn't much you can do to improve your odds except to try to figure out where the high and low is at on gut feeling. Overall No. They are all bad stocks and all you can hope for is that there will be someone to sell you shares at a low price and someone willing to purchase your shares at a high price. There aren’t any fundamentals to base the value of penny stocks with the vast majority loosing money (they got to be penny stocks because they were performing so badly). Most will likely go out of business in the near future making the stock worthless.

As an example, some people made money betting on GM stock when it fell below $1 but like most penny stocks, it became totally worthless when no one would bid $0.01 for the shares. However it was worthless long before no one would purchase the stock at any price but people were just playing a game hoping to be able to make a profit on the swings.

Investing in penny stocks is much like betting with a friend. You just hope that you play the game better than the other guy. Sometimes you do better and some times you don’t and there isn’t much you can do to improve your odds except to try to figure out where the high and low is at on gut feeling.

]]> By: Paul http://www.secretpennystockfortunes.info/are-penny-stocks-worth-the-investment-if-so-what-are-the-best-kinds/comment-page-1/#comment-7210 Paul Tue, 27 Jul 2010 03:44:23 +0000 http://www.secretpennystockfortunes.info/are-penny-stocks-worth-the-investment-if-so-what-are-the-best-kinds/#comment-7210 invest in GreenShift Corp (GERS) stock because it cheap and it most likely will increase the price really soon,but when it do you can double your proft easy and the trading volume it extreme high right now so it the price increase really soon. invest in GreenShift Corp (GERS) stock because it cheap and it most likely will increase the price really soon,but when it do you can double your proft easy and the trading volume it extreme high right now so it the price increase really soon.

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