From [http://whisperfromwallstreet.com]:
"Penny stocks should be part of any investor's strategy. 90% of all the big moves in penny stocks are predictable and will be repeated. In 2007 and 2008, 1500+ stocks rose up to 25% in a single day....
Do be aware that penny stock investing is not all free from risks. In fact, the high fluctuating prices of penny stocks may make it unsuitable for beginners.
However, if you have been in the stock market for some time and understand how it works, penny investing may be a good way to go.
A good web site for tracking penny stocks is here. Unfortunately, there are still no books on investing on penny stocks for dummies yet. :D Other links:
Wednesday, October 21, 2009
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