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Not Sure About Penny Stocks / Penny Shares ? Follow These Small Value Stocks Tips That Work!

Written by Wai Hau

Topic: Stock TradingPublished July 30, 2009
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Penny Stocks are small value stocks that is traded under US $5, but most of the time under $1. You can trade these penny shares in the Over The Counter (OTC) market in US via your stockbroker. rnYou can either buy and hold penny share, hoping it will turn out to be Google one day and be very rich after a little while, or buy and sell these penny stocks within a few days or even hours and make money in a few days/ few hours. How Do You Pick Penny Stocks To Trade rnYou can either search all the companies under $5 using some stock screeners, check their company fundamental and trade accordingly (very time consuming), or subscribe to Penny shares newsletter and follow their recommendations. There are quite a few Penny stocks tipsters out there and most claimed their recommendations are good. How do you know which one to choose especially you keep hearing Penny stock scams? rnWell, if you time the market right and act on what you have been told, you can follow Doubling Stocks Penny Share Tips Newsletter. rnThis one may appear as penny stocks scam, but have made me money a few times following his penny stock trading strategy. All I did was initially checked the recommended penny stock, did a bit of technical analysis and news research to confirm if he’s right and then bought and sold the stock within a few days based on what he said and also used technical analysis to time my entrance and exit of the trade. Doubling Stocks- Penny Stock Day Trading I received an email on a particular penny stock, ticker symbol UMO, whilst I was on holiday/vacation. He mentioned this penny share would hit $1 when it was trading around $0.2 area at that time. If I act on this and traded this penny stock on that day, I would be very happy in a few days! rnSo, whether this newsletter is a scam or not, it can make you money trading these penny stocks recommendation. You just need to follow their advises. Click on this Doubling Penny Stocks/ Penny Shares Trading Tips Newsletter for more information. Click here for details of other penny stocks that I have traded.

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About the Author

Wai Hau is the owner of http://www.stocks-trading-strategy-and-pattern.com. A free and informative stock trading educations website focusing on stock trading strategies that can often pin point stock market turning points to the exact day.

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