What Are the Best Penny Stocks to Buy Right Now For 2010?
By James Beckworth
If we want to find out what are the best penny stocks to buy right now in 2010 we have to first look at the micro-cap markets as a whole and understand what type of investing we should be using in the penny stock markets.
First understand that these types of stocks are generally not long term investments like you would find on boards like NASDAQ or NYSE. Most penny traders are day traders looking to get in and out of stocks within a short period of time because of the volatile nature of the micro-cap markets.
This is the reason that when looking at what are the best penny stocks to buy right now for 2010 it really is no different than any other year with a good or bad economy.
Most people getting involved in this type of trading are people that have a little disposable income that they want to use to start trading low priced stocks where they can leverage a small amount of capitol into a larger number of shares that can result in a nice return on investment.
The issue most people have is that the micro-cap (penny stock) market moves very rapidly and being able to monitor the markets for potential winning buys can require quite a large amount of time sitting in front of a computer watching for trading cycles. This is assuming you know what you are looking for in a potential buy cycle.
Understanding things like bottom bouncers, bankruptcy buys, quick flips and reverse merger buys are all critical parts of being able to spot what are the best penny stocks to buy right now in 2010.
I am sure you understand the risk potential with these types of stocks as they are generally small companies trying to use their stock offerings as a way to hopefully get to the next level in their businesses. Often times these companies fail but there are always solid plays in the penny markets that can be used as short term income generators.
Probably the number one thing to watch for in these micro markets are the "pump and dump" artists that will hype a stock just after they buy in order to drive up the price so they can get out with a nice profit. These types of plays happen every day on the penny stock markets and getting help understanding when this is happening can save you a ton of money and heartache.
If you want to get some solid information about what are the best penny stocks to buy right now or in any economical environment there is a site and individual, John Connelly that has been helping folks make smart plays in the penny stock markets for a couple years now.
You can visit his site and even get a couple free penny stock picks by John to see for yourself how well you can do getting help from someone who understands the market like John Connelly.
Check out his information and a bunch of video at:
http://www.TopPennyStockTips.com
The site may not be the best looking site but then again Matt is an investment guy, not a web designer, as he will tell you right off.
Article Source: http://EzineArticles.com/?expert=James_Beckworth
http://EzineArticles.com/?What-Are-the-Best-Penny-Stocks-to-Buy-Right-Now-For-2010?&id=3602771
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Showing posts with label best penny stocks. Show all posts
Showing posts with label best penny stocks. Show all posts
Wednesday, March 17, 2010
Tuesday, March 16, 2010
Penny Stock Tips - Tips For Investing in Penny Stocks
By Skip Charles
Investing in Penny Stocks can be a exciting and financially rewarding experience if you are prepared for a roller coaster type environment that can have dramatic changes by the minute.
The comedian in me will give you one of the most common Penny stock tips. Buy low, sell high...Okay seriously.
The first and probably the most important of the Penny stock tips I could give anyone is know your limits. Investing in general is really no different than gambling except that investing in stocks is a long term strategy that almost always yields profit while rue gambling generally provides the opposite results.
Penny stocks offer a would be investor the chance to buy into small companies for very low amounts of money with the chance to gain profits many times over your initial investment in a short period of time.
This is something rarely seen in large Blue Chip companies because generally they move up or down at very low percentages. They are also generally trading at a stock price that is not affordable to a new investor with limited funds.
Here are a few of my basic Penny Stock Tips:
Click Here to check out how an MIT student dominated the Penny Stock markets with a strategy that is fast becoming popular among OTC investors.
You can also get some great information at a site dedicated to helping people get started and make money on small company, low cost stocks.
That site is:
http://www.TopPennyStockTips.com
Article Source: http://EzineArticles.com/?expert=Skip_Charles
http://EzineArticles.com/?Penny-Stock-Tips---Tips-For-Investing-in-Penny-Stocks&id=3283408
By Skip Charles
Investing in Penny Stocks can be a exciting and financially rewarding experience if you are prepared for a roller coaster type environment that can have dramatic changes by the minute.
The comedian in me will give you one of the most common Penny stock tips. Buy low, sell high...Okay seriously.
The first and probably the most important of the Penny stock tips I could give anyone is know your limits. Investing in general is really no different than gambling except that investing in stocks is a long term strategy that almost always yields profit while rue gambling generally provides the opposite results.
Penny stocks offer a would be investor the chance to buy into small companies for very low amounts of money with the chance to gain profits many times over your initial investment in a short period of time.
This is something rarely seen in large Blue Chip companies because generally they move up or down at very low percentages. They are also generally trading at a stock price that is not affordable to a new investor with limited funds.
Here are a few of my basic Penny Stock Tips:
- Research, research, research - whether you use some sort of tool or track a company on your own, know why you are investing.
- Set limits - Make sure you decide early on what your sell or stop loss prices are going to be and set them. Nothing worse than stressing over a stock sale because you did not use the tools to take care of it for you.
- Know your style - Are you going to be a long term investor or more of a day trader? Maybe a combination of the both? Invest in companies and stocks that match your outlook and overall investing strategy.
Click Here to check out how an MIT student dominated the Penny Stock markets with a strategy that is fast becoming popular among OTC investors.
You can also get some great information at a site dedicated to helping people get started and make money on small company, low cost stocks.
That site is:
http://www.TopPennyStockTips.com
Article Source: http://EzineArticles.com/?expert=Skip_Charles
http://EzineArticles.com/?Penny-Stock-Tips---Tips-For-Investing-in-Penny-Stocks&id=3283408
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