Watch the Pink Sheets
General September 22nd, 2009
My personal opinion is that if you want to buy penny stock online you may as well sit at the black jack table. These stocks are highly volatile, less regulated, and constantly manipulated through trader action, online pump and dumps, and other less than acceptable methods. Unless you are dirty enough, genius enough, or crazy enough to compete in this feeding frenzy you may wish to consider investing else where.
My only caveat to this statement is if you know the company personally. You have to know that the penny stock is growing internally, it is doing something different than it was before that will make it a truly profitable corporation. If you have this insight I might put up to 5% of my portfolio in the investment, but no more.
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