If you are looking for 1000 penny stocks, you'll find that the Internet is a very helpful tool. There are blogs, articles, newsletters and other online resources devoted to penny stocks. Penny stocks, also commonly referred to as micro-cap stocks, are stocks sold for less than $5 per share. You may also hear them referred to as pink sheets. Pink sheets are considered very risky because the companies offering the stocks are not required to adhere to the SEC regulations imposed upon companies trading on larger exchanges like the NYSE and NASDAQ. However, many investors do choose to try their hand at penny stock investing.
Having the right information can be a great help when entering the world of penny stocks. When searching online for stock lists and information you will find there is a great deal to wade through. You need to know how to separate fact from fiction in the penny stock world. For example, you may decide to sign up for a stock recommendation service. There are a multitude of these services out there. You will need to decide which services seem the most helpful and legitimate and which ones do not. Reading online user reviews can help, although make sure you're reading a review from an impartial consumer rather than someone who works for the company.
Networking with other penny stock investors can also be helpful. There are quite a few forums and message boards where investors interested in low priced stocks can socialize and consult with one another. The key is to discern which investors may be trying to lead you astray or influence your decisions for their own gain. There are also all kinds of online investing groups devoted to various kinds of investments, including penny stocks. These groups may be a good choice for new investors who aren't ready to go it alone. Yahoo and MSN are good places to start when searching for such a group.
When looking over 1000 penny stocks it is important for you to understand how to separate a promising stock from a poor one. For this, it may be necessary to obtain some basic information about the company you are considering and the penny stock market in general. There are quite a few books about investing in these stocks. You may want to check out the following titles: The Guide for Penny Stock Investing by Donny Lowy and Penny Stocks: The Next American Goldrush by Dan Holtzclaw.
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