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Registered
Join Date: Dec 2005
Location: Pine Mountain Georgia
Posts: 844
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penny stock needed
I need a good penny stock pick for an investment club. Anybody got any ideas? Thanks. Schamp
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1990 Wanderlodge PT-40 75 911S Silver Anniversary 1952 MGTD 1983 Mercedes 300 TD 1969 Lincoln |
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04-23-2010, 01:08 PM
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Canucks Fan
Join Date: Jan 2009
Location: Vancouver B.C. Canada
Posts: 2,214
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I'd check into mining stocks, gold to be precise it would take a bit of reserch but if you can find a company that is planning on drilling buy some of that , they will make an anouncement and the share price will climb, usually drops back down with in a week or 2 and then as drilling starts it will climb slowly till results are released and depending on that it will continue to go up or down. I don't buy shares because of an insider conflict. I have followed this for years and it rings true most times , last time I gave a person this info the shares went from .30 to .44 in a week or so before they started to come down. its worth following. the main reason I don't do this is I'm a good winner but a very poor loser and with my scottish heritage it would drive me nuts with worry. but I'd be interested to see if you group follows this and if you have any luck. The person who bought lost his money due to greed and didn't sell when he should have .
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04-23-2010, 01:21 PM
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Join Date: Apr 2008
Location: Houston TX
Posts: 8,702
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Do you want a true penny stock, or just something interesting from the Pink Sheets?
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Mike Bradshaw 1980 911SC sunroof coupe, silver/black Putting the sick back into sycophant! |
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04-23-2010, 02:01 PM
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Formerly reformed
Join Date: Jan 2008
Location: Rutherfordton NC
Posts: 2,424
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Hey! That's not a bad idea. An investment club/thread . . .
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1968 911P (Paperweight) |
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04-23-2010, 02:33 PM
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Join Date: Dec 2004
Location: PA
Posts: 1,162
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I'm not a big fan of penny stocks...having said that...this is the only penny stock I have bought and own. Sunovia Energy Technologies - Renewable Energy Technology
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04-23-2010, 06:28 PM
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Registered
Join Date: Dec 2005
Location: Pine Mountain Georgia
Posts: 844
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Its a competition thing but not sure about true penny stock or pink sheets. sunv looks interesting. Can't lose much at .09 a share. Any others? Thanks. Spencer
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1990 Wanderlodge PT-40 75 911S Silver Anniversary 1952 MGTD 1983 Mercedes 300 TD 1969 Lincoln |
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04-23-2010, 07:00 PM
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