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Getting Started in Penny Stocks

Submitted by SMB Kev on October 6, 2009 – 12:46 amNo Comment


So you have a $500 and you’re dieing to get into stocks.  Buying one share of google (goog) or 2.5 shares of apple (aapl) just isn’t sexy.  If you’re willing to put in the time of successful penny stock investors, penny stocks may be your best option. Beginner stock market investors can get in stocks with a small initial investment and the volatility of the stocks give them a lot of upside breakout potential.  However the truth is there is a lot of risk involved in penny stock investing.
Sound strategy and risk management are two keys to your success.  Most discount online brokers will allow you to buy penny stocks, so do your research and find one with low commissions…<$5 per trade is what you should be looking for.  After that do your research! Read around and make sure you understand the companies you’re interested in.  Learn about what they do, where they do it, who they sell too.  Do they have some big announcements coming? Will those announcements matter? There is a lot to consider and I suggest subscribing to a penny stock service when you get started.

All three of these services are great choices to get you started investing in penny stocks.

====>Huge Upside Stocks

====>OTC Momentum

====>Penny Stock Prophet

Check these out then click below and tell us what you think in the forums.

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