Free Penny Stocks » Penny Stocks

Free Stock Picks are Better if you Make Your Own

admin — Tue, 04 May 2010 15:51:04 +0000

There is a temptation to start off this topic on free stock picks by saying that they are worth what you pay for them. But there are some mitigating factors so I won’t be that blunt about them. After all, as an investor, and as a human being, that is what you are likely looking for – free stock picks. But ask yourself, why are they free? If you have them for free, so does everyone else who found them on the first page of a major search engine. So what is the use of them?
If you are new to the stock market, free stock picks at least give you some guidance on names that you can check out. The names themselves might turn out to be useless but the exercise in stock research is quite valuable. One of the great lessons you can learn through this practice is all about candlestick signals scans. There are a dozen candlestick signals that are worth understanding. The top dozen all contain what are called the major signals which are signals that take place in price movements and price reversals that indicate that it is time to take action.
If you learn the dozen candlestick signals, you will soon learn to make your own free stock picks. Or at least tweak the free picks you get. Take your free stock picks and apply the candlestick signals to them. The dozen major candlestick signals you need to understand are the doji, the gravestone doji, the long-legged doji, the bullish engulfing pattern, the bearish engulfing pattern, the dark cloud cover, the piercing pattern, the hammer, the hanging man, the morning start, the evening star, and the shooting star. You should explore these as much as you can and attempt to commit them to memory so that you can run them on any picks you encounter.

Free Secrets to Finding Penny Stocks

admin — Thu, 20 Nov 2008 21:19:20 +0000

The key secret to becoming a successful penny stocks trader lies in the preparation. In other words, you should know what you are buying, when you are buying it and why you are buying it. There are tons of factors which certainly help you make informed and hopefully profitable decisions in the long term.

Some of those factors are:

Board of Directors: find as much information as possible about the CEO and board of directories. You might consider yourself asking a question – “Do they have a good history of running this corporation?”. A penny stock company with bad past but with strong and promising board of directories might be a good investment opportunity in the near future.

Balance Statement: look out for large debts against poor cash flows. If the cash flows are not large enough to cover expensive short term debts this could negatively affect the company’s profitability.

Reports, Reports, Reports: if you are buying a penny stock company and not sure whatever or not it is a good idea, you should check the annual and also the quarterly financial reports. They are really valuable for finding out if a company is a good investment opportunity or not.

Sell: you will not always profit from penny stocks, just no matter how hard you try. Be prepared to cut your losses and sell your stocks if this situation occurs. Always try to consider the profitability in the long term and in the larger picture only.

Recommendations: If somebody who knows what he is doing is recommending your to buy or sell certain stock, you should probably listen. However, always make your own decisions. Keep in mind what you have heard plus do your own research on top of that. Professional recommendations are always a good way to get a head start.

Penny stocks are very profitable investments if enough research is done and they are sold/bought at the right moment. In conclusion, make the full use of financial reports, professional recommendations and online tools to succeed in the penny stock world.

Free Tips for Buying Penny Stocks

admin — Fri, 10 Oct 2008 18:34:17 +0000

Penny stocks are traded for less than $5 per stock, which gives the smaller investors an opportunity to participate in the stock market game without actually risking much. Generally talking, penny stocks are not the kind of shares you want to consider if you are looking for long term value & growth potential. These types of stocks are usually issued by small companies, which get little to no analyst attention or by other stock market exchanges.

Penny stocks can be quite a tempting investment. The fact that the share prices are so low, almost free, most people have the tendency to believe that they actually make a good investment because with such a low price, it would seem that the stock cannot go anywhere but up. Penny stocks is very affordable and profitable way of getting into the market if you do it right, and establishes good foundations for financial literacy. But as with regular stocks, timing is everything. Penny stocks are extremely volatile – they will go up as quickly as they will go down.

Penny stocks can make one tons of money, if the shares are invested correctly. Most of the time, small-cap penny stocks lack liquidity, which means penny stock investors will find it difficult to buy and sell them quickly. To summarize, penny stocks are considered as high risk investments, can increase as quickly as decrease over night, offer limited liquidity and lack of financial reports.