Penny Stocks

The United States is the financial capital of the world, and when many people think of stocks they think of blue chips stocks like IBM, Microsoft, Intel and so on, but there is another market out there as well, and that market revolves around Penny Stocks.

What are Penny Stocks –

Penny Stocks are stocks that are under $3.00 a share, and a great majority of them trade for under $1.00 a share.  Some Penny Stocks trade millions of shares a day, some don’t trade at all for days.

Why Trade Penny Stocks?

You may be wondering why should you trade penny stocks,  one of the things that attracts traders to penny stocks is that their low price allows individuals to accumulate a lot more shares than they would be able to if they purchased say Google stock (GOOG) which is trading over $500.00. $500.00 of a $1.00 stock will get you 500 shares rather than the one share of Google. Another reason people trade penny stocks is of the movements in them, it’s not uncommon to see penny stocks move 20%, 40%, 100% in a day.

How to Trade Penny Stocks ?

How to trade penny stocks depends really on you, are you a momentum trader? A technical trader?  Understanding what type of trader you are and finding Penny Stocks that are set up for that type of trade can lead to a very profitable career.

Which Penny Stocks to Trade?

As mentioned earlier, some penny stocks trade millions of shares a day, some don’t trade at all, which is why we are here to help, we search the market for penny stocks on the move, news related to companies who shares are considered penny stocks, we look for technical indicators of stocks that are perfect to short or those that are breaking out, we profile companies and stocks that we think may interest you, because in this market information is key to your success.