Why Penny Stocks?

Why Penny Stocks?

 

Starting with how to pick penny stocks, you need to decide if you want a fully reporting company or a non-reporting company. That is one of the keys I always look for. A fully reporting company can more often be trusted to keep you up to date to stay in compliance with the securities laws and regulations. Plus, you see audited financials done in accordance with the law. I non-reporting company can publish anything and call it a “financial report.”  I have seen many that could have no basis in reality.

Then decide what priced penny stock you want. Do you want a sub-penny stock that has a potential to create huge swings in value if it goes your way?  Or huge losses if it does not, of course.

Perhaps you want a top penny stock trading for a dollar or more? Sometimes those are more stable in price

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