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Thursday, January 12, 2012 1:48:48 AM
I've been where you are, and it took some effort to find the right place for the learning curve. Let me start by using ATRN as an example. In the OTC market area (aka "Penny" Stocks). Most people find the hit-and-run approach works best. That means you try and find the low end of the stock price in a given day, buy, hold, and then sell the next day or whenever (if ever) the price reaches the target level you want. I doubt ATRN will hit your implied $60 mark in the next few days, but I've seen some tremendous jumps when I was praciticing stock picking.
On to what you are probably looking for. There is a great resource board on this forum. Look for board number five three two two.
Look at the www.sec.gov website for information on filings posted to the government by companies who may or may not be required to file.
Finally www.otcmarkets.com gives you the information on how Penny Stocks are tiered and what evaluations/criteria are used to place the stocks in each tier. This is also the place for companies to file documents and news items.
There is a lot to learn about how the Penny Stock system works; fundamentally, though, the system does not guarantee results as you will come to learn. Hopefully the learning curve will come more from research than from experience. I had a good dose of both, and still make mistakes about interpreting the situation of a stock.
IMO
Best to all.
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