My take on the pennies, is either put in a small chunk of change that you can afford to lose into companies that look like they might have a good future, and then wait it out and enjoy life, or else invest bigger cash into stocks likely to go up soon, but put a tight stop loss in. Basically, I am not a big gambler, but am still trying out stocks. A company digging oil wells has a lot of upside potential IMO, so I am keeping my spare change in, but not betting the whole farm.