I am 16 and interesting in the stock market, thinking about Penny Stocks?
I am interested in business along with investing, and thought that maybe Penny stocks would be a good thing to start out with. However, after reading not even half an article about it, I realized that Penny Stocks are much more complicated that I thought. Should I not invest in Penny Stocks?
Stock best answer:
Answer by Common Sense
1. Penny stocks are for the most part companies with serious problems (financial or market).
2. Experienced traders generally avoid stocks under $ 5 a share because their main goal is to make money.
3. The news on stocks below $ 5 tends to be from third parties whose whose reliability is usually suspect.
4. The last place a new trader should be is the hardest place in the market to make money... and yet amateurs gravitate to penny stocks out of ignorance. They actually think that having more shares is better & that because the shares are priced so low... "they're easier to afford". Once one thinks about this longer... the ridiculousness of it becomes apparent.
ANSWER: No.
Stock
Panty & Stocking
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Model: SnC Cosplay (www.facebook.com/SnCcosplay)
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