I am not sure if it is the same as other stocks, cause imagine you buy stocks with values less than 3 cents for k and it suddenly becomes 8 cents and guess what? you almost triple your money and such a things sounds to be more likely to happen for penny stocks.
What do you think? Am I wrong? Are there some extra charges for buying those stocks?
Additional Information - Automated Trading In The Forex Market Automated trading is all over the forex market these days. From millionaire traders who have their systems programmed into robots for their own use alone, to the beginner who expects to get rich from a cheap expert advisor without even knowing how to set it up, everybody is getting automated.......
- Automated Currency Trading Automated Currency Trading: Making Money With Forex Robots How to enter the lucrative world of forex trading has proven to be very simple from the introduction of automated currency trading, also known as robots currency. Instead of having to train for years on how to develop and operate fx......
- Weight Tracking (Last Attempt) Total Weight Lost: 58lbs Here is my weight tracking page... It will evolve as I get more accustomed to my new lifestyle, but for starters if you want to know about the Jumpstart Medicine weight loss program that I am following read this post WeightLadder Reset — 390lbs and Starting......
- Wednesday Lotto AU 750K Today's NSW Lotto is not a lot easier than Monday's. With most numbers looking to come from those within the last 10 draws, and at least 3 or 4 numbers from within 5 draws. Previous draw the Saliu ANY Filters were: 1+ 3+ 6+ 7+ 9+ 16+ All PLUS, strongly......
3 Comments on “what are the regulations about buying penny stocks?”
wilkins.john47 9th March 2010
The largest problem with penny stocks is that most of them aren”t on central stock exchanges, but rather on pink slip systems. As such, it could mean the companies arent up to standards or other problems. this is more fo a thing to watch out for rather than make you not buy penny stocks
One of the main concerns with buying penny stocks is to check the volume, you don’t want to be stuck with a large amount that you can’t unload. I have bought many before and yes they can double or triple in no time (especially when they’re below a penny). Even in the course of a day.
Good luck and have fun
jeff410 9th March 2010
Some brokers charge more for penny stock trades. They might charge like 7 percent of the 5k plus their regular commission.
WorkAtHomeMOM 9th March 2010
I day trade penny stocks for a living.
If you want to avoid fees and surcharges and buy any amount you like for only $4.50 per trade, sign up for Zecco.com
I also just released the first commercially available stock trading robot. Every week he recommends a penny stock poised for gains of at least 50%.
Last week his pick TLLE went up 405% overnight!
I send my robot’s stock pick for the week every Sunday to my newsletter subscribers.
You can make big money but there is also high risk involved. However with my robot’s proprietary software, he analyzes thousands of penny stocks 24/7 using technical chart analysis, he rarely loses. So much so that I charge $112,000 just for a license to use the robot for just 1 year.
Right now at my site you can try out my robot and his picks for 8 weeks just to see how you like it for no cost or risk to you.
Check it out and live video proof where I made over $6,000 in 24 hours trading just one penny stock pick my robot made at:
http://www.DayTradingRiches.com
Good Luck.
I also have published many informative day trading articles on ezinearticles.com where I am an expert author on the subject. You can acquire plenty of excellent information free there.
To your success!