If I have $1000 to invest in penny stocks online, should I diversify risk and invest in many of them or should I invest in just in one?
I have $1000 to invest. I use Scottrade to invest in penny stocks online, they charge $7 to buy a stock and another $7 to sell it ($14 in total). Given the high volatility of these stocks, what tactic ...
Sometimes I see penny stocks on the Yahoo! Finance page move by about 100% in a single day. For example, this stock shows a 91% gain on 10-Jan-2014. By browsing the news reports, I cannot see ...
What exactly are NSCC illiquid charges? NSCC says: Buy Side: Open net buy quantity represents the total unsettled share amount per stock at any given time during a 3-day settlement cycle. Open net ...
I learned a hard lesson today, and fortunately it wasn't that bad. I invested a few thousand dollars in a penny stock carelessly (via ETRADE, with the intention of doing a short term trade, or a day ...
I've recently gotten into several discussions on penny stocks, and I intuitively know that they're far more risky than large cap companies with real assets, but is there any measure of how risky they ...
A small, speculative company in my portfolio made the grand press release that they were rescheduling their quarter end conference call for one day later (oh my!). The stock promptly lost nearly ...
Does technical analysis work on penny stocks? If yes, and we're talking about stocks that trade under $3, is there a point at which it stops being effective? If yes, does technical analysis work the ...
After getting some answers to a related question, I thought I'd post a follow-up. It seems that if there is a low-volume stock, even with significant daily swings in stock price (e.g. 10-15%), one ...
Out of curiosity, I've casually followed some penny stocks that trade for under a dollar a share, and find occasional swings up of 10-15%. One naive interpretation of this fact is that if I bought ...