To be honest I would avoid penny stocks. I use to do penny stocks back in the day but have mostly stopped. Occasionally I'll play one every now and then but treat it as a complete gamble and ONLY put in an amount of money you are ok with COMPLETELY losing. The only reason they jump up that high so fast is because of PP's the company does or massive pumping so the ones who are already in can make a big/quick profit and then dump on the ones who just entered (like yourself) who are wanting to buy (AKA p/d: pump and dump). I wouldnt recommend it but if you do see something you think is worthy, put a few hundred and see if you get lucky but take in account that you may lose half of that in one day if you don't pick a winner. Another word of advice, do your DD (MAJOR role in penny stocks), some are complete garbage. If you rely on Penny Stock Alerts, def. do your DD because half the time they list accomplishments about the company are things they've done weeks or even months ago so that bounce has already happened leaving you to believe that it's going to happen. One last thing, penny stocks are about insiders, they buy and dump in massive quantities. You will not be able to tell where it'll be going. Like I stated earlier, it's a complete gamble and only play with an amount you are willing to completely lose.
AI
