You are taking the right approach ( IMHO ). Consider investments in penny stocks much like gambling ... Only bet ( invest ) what you can afford to lose!
you do not need any tools but. Ameritrade has all the tools you will need. No purchase needed. DO NOT put any faith in penny stock company's at all. LLEG happen to be at the top of the list. But its still very risky. Learn to flip the same stock you investing in. Flip the first half and keep the other in. Be ready at all times to pull out.
But DO NOT get your hopes up at all with Penny stocks.
LLEG does seem to be a gym. But is still a stuggling company.
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