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You are here: Experts > Money > Stocks > Tech & Internet Stocks > Penny stocks
Follow-Ups to Answer from Expert Murray Cass
mhaberling@gmail.com wrote at 2009-11-03 02:04:46
Well, look. Im also a small time investor. I just made a 100% gain on two penny stocks not to long ago. However playing with them is risky. Investing in penny stocks means three things.
1. Do your research- there are very few penny stocks that are woth investing in so make sure you know that stock inside and out.
2.Eliminate risk- try and find stocks with minimal risk. this is almost impossible with pennies however the more security you can find the better
3. Get out quick - never risk it to long with a penny ste a price to get out and get out when you reach it get out no need for unessary risk.
Look no matter what you do penny stocks are still really risky you have to be willing to lose the money if you want to go for the profits they can bring
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