Penny Stocks

[metalmaiden55]

Anybody know any good penny stocks? Better yet does anybody know if penny stocks many any profit at all? I heard that the odds of getting a penny stock that actually earns you money and doesnt fall through is one in thousands. Has enyone ever invested in penny stocks? what was your outcome?

[specmav]

I personally would run far far away from penny stocks. One reason why stocks move is due to mutual fund managers buying shares of stock. When you have billions of dollars to invest, you don't buy a penny stock company.

I would stay with stocks above $10 a share.

[Soultrader]

There is a reason why stocks are that cheap. I did however invest in Aspen Exploration Corp., a natural gas exploration company in California.

I bought the stock at $2.25, held onto it for a few months just to see it go absolutely nowhere. I eventually sold it at break even just to see it go fivefold to around $10 4 weeks later. I learned a big lesson with that stock. The stock is currently trading at $3.85.

[money4me]

Well I am giving 3 different penny stocks a shot - just to see what happens - it's been wild watching the share price go up and down and waiting on one of them to get their 10k filed!!!! Not that I fully understand what the 10k is all about. Either way - since I don't have a lot of dough to work with - just thought I would give this a shot.