Pretty much every new investor at some point will take a look at the penny stock market and dream of finding that hot penny stock or getting into one of the top penny stocks early.
The prospect of making a fortune in micro cap stocks seems very tempting because of the minimal investment required to start trading.
Although you can probably find a fair amount of penny stock fortunes stories, the vast majority of people are using the micro cap markets as a way to generate monthly income. Day traders are heavily saturated in these markets.
There have been few stories I have come across that rival that of John Connelly and his million dollar penny stock adventure. If you have not read Johns story you can check it out here.
Those who understand the nature of the micro cap markets as well as the type of investors playing in these markets can really make a substantial full time living on penny stock alone.
Oh, and you have to have the stomach for the ride as well. :P
There are opportunities to make penny stock fortunes but the key is timely and accurate information that allows for timely buys and sells in a very volatile market.
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