Comments on: Are penny stocks good investments? http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/ Fri, 18 May 2012 04:23:34 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Supra1Q http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/comment-page-1/#comment-1454 Supra1Q Tue, 21 Apr 2009 20:07:40 +0000 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/#comment-1454 Since you gave a positive example to your own question I think you have a bias toward "yes." #1 You need to ask your friend how they did it, when life presents you with a model for success you need to jump on it #2 Typically with penney stocks you need to have a lot of patience...it can take a long time before it breaks out and really runs, unlike options for instance where you can turn a sizeable profit within a day #3 as a group they are no worse or no better then any other group of stocks, mutual funds, real estate, fine art, etc.... with the right amount of research in whichever investments you make, your chances for success increase. A friend of ours researched a tiny oil company Petro Kazikstan which eventually got bought out, making her a millionaire. I thought I found a similar one in XsunX (won Tech Award for inventing a solar window) but it's been nothing more then a trading vehicle, so far--while it hasn't rocketted skyward, by studying it's up and down trends I've still made money...point here is you can usually make money on any investment as long as you study it long/deep enough. Since you gave a positive example to your own question I think you have a bias toward “yes.” #1 You need to ask your friend how they did it, when life presents you with a model for success you need to jump on it #2 Typically with penney stocks you need to have a lot of patience…it can take a long time before it breaks out and really runs, unlike options for instance where you can turn a sizeable profit within a day #3 as a group they are no worse or no better then any other group of stocks, mutual funds, real estate, fine art, etc…. with the right amount of research in whichever investments you make, your chances for success increase. A friend of ours researched a tiny oil company Petro Kazikstan which eventually got bought out, making her a millionaire. I thought I found a similar one in XsunX (won Tech Award for inventing a solar window) but it’s been nothing more then a trading vehicle, so far–while it hasn’t rocketted skyward, by studying it’s up and down trends I’ve still made money…point here is you can usually make money on any investment as long as you study it long/deep enough.

]]> By: crim http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/comment-page-1/#comment-1453 crim Mon, 20 Apr 2009 04:15:36 +0000 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/#comment-1453 Generally no. Penny stocks are subject to market manipulation, buy oil! Generally no. Penny stocks are subject to market manipulation, buy oil!

]]> By: piet lul http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/comment-page-1/#comment-1452 piet lul Sat, 18 Apr 2009 19:58:37 +0000 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/#comment-1452 if you choose the right one, yes. if you choose the right one, yes.

]]> By: naturalhi16 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/comment-page-1/#comment-1451 naturalhi16 Sat, 18 Apr 2009 10:58:38 +0000 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/#comment-1451 I had a classmate that was big on them and tried to get everyone to use them. I personally don't use the stock market because I don't trust other people when it comes to my money. I had a classmate that was big on them and tried to get everyone to use them. I personally don’t use the stock market because I don’t trust other people when it comes to my money.

]]> By: DUDE http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/comment-page-1/#comment-1450 DUDE Wed, 15 Apr 2009 01:43:35 +0000 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/#comment-1450 It depends completely on each induvidual stock.....Take for example the Bre-x troubles in Canada. It was a penny stock which jumped to more than 200 dollars in a few months. But sadly, once the realization that there was no gold came about, it was reduced to zero. The moral:if you have invested and bailed out at the right time, you could have made fortunes, but most didn't realize that the end was in sight before it shot them in the face. Overall, penny stocks are risky because they rise and fall like the tides, if you are willing to take the risk or believe that there is a particular stock that will be rising drastically in the near future, go for it....but beware of what you can lose. It depends completely on each induvidual stock…..Take for example the Bre-x troubles in Canada. It was a penny stock which jumped to more than 200 dollars in a few months. But sadly, once the realization that there was no gold came about, it was reduced to zero. The moral:if you have invested and bailed out at the right time, you could have made fortunes, but most didn’t realize that the end was in sight before it shot them in the face.

Overall, penny stocks are risky because they rise and fall like the tides, if you are willing to take the risk or believe that there is a particular stock that will be rising drastically in the near future, go for it….but beware of what you can lose.

]]> By: ciscowen http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/comment-page-1/#comment-1449 ciscowen Mon, 13 Apr 2009 21:25:16 +0000 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/#comment-1449 Obviously this one was. Let me know if you find out about any more such stocks. Obviously this one was. Let me know if you find out about any more such stocks.

]]> By: Jens http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/comment-page-1/#comment-1448 Jens Mon, 13 Apr 2009 11:25:11 +0000 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/#comment-1448 If and only if you can master the art of timing the market. I suggest you do all the possible research. If and only if you can master the art of timing the market. I suggest you do all the possible research.

]]> By: $so fresh so clean$ http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/comment-page-1/#comment-1447 $so fresh so clean$ Sun, 12 Apr 2009 01:43:38 +0000 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/#comment-1447 They only for the pros to deal with. They are very risky because they are up and coming stocks and they get rise quickly, and fall even faster. Be careful with them. They only for the pros to deal with. They are very risky because they are up and coming stocks and they get rise quickly, and fall even faster. Be careful with them.

]]> By: ssweeps http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/comment-page-1/#comment-1446 ssweeps Sat, 11 Apr 2009 16:28:02 +0000 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/#comment-1446 No. They are considered risky. If they were good they wouldn't be penny stocks anymore. No. They are considered risky. If they were good they wouldn’t be penny stocks anymore.

]]> By: wartz http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/comment-page-1/#comment-1445 wartz Fri, 10 Apr 2009 04:18:23 +0000 http://www.medicalsupplyservices.com/blog/are-penny-stocks-good-investments/#comment-1445 If you find the sleepers, yes. There are are a lot of dogs out there. If you find the sleepers, yes. There are are a lot of dogs out there.

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