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Penny Stock Picks?

Rob_799 35 14 May 20, 2016 at 06:26 PM
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Last Edited by Rob_799 May 21, 2016 at 04:25 AM
Does anyone have any penny stocks they have been watching that they would recommend. I have a small amount of money that I am willing to risk and I am looking for a stock with lots of upside (full understanding that it could go to zero as well).

Or if you know of a forum where this is discussed just send me in that direction.

6 Comments

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#2
Currently on my watchlist - THLD, PPHM and ATRS. Could be very high risk so would recommend closely monitoring these.
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#3
lol at penny stocks. Way to boost those up so you can dump them. What a disaster.
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Joined Sep 2006
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#4
Bid-ask spreads can be so high that the stock may have to gain 30% just to let you break even. And then there's the matter of who owns the shares because it's not unusual for one owner to have cornered the market, even to the point of owning all of the shares.
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#5
Understand that true penny stocks are no different than gambling -- and possibly worse since you may not have a good understanding of the rules and the odds.

What you're basically asking is if anyone knows any good horses to bet on. If they did, and really had good information, they wouldn't be telling you. The volume is so small too that anyone with a good understanding can easily buy up every available share, so it's not really a "rise with the tide" situation where you can just tag along.
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#6
MGT is the trend
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#7
CCCR, already boost from 30 cents to 90 cents.
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