Penny Stocks

Written by Michael Federico
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Penny stocks are generally those trading for under $5 a share. Most stocks listed as penny stocks actually trade for far less than that. Many can be found for under $1.

On the surface most of these stocks do not look like great purchases. They are cheap, so people who cannot afford large purchases often get involved with penny stocks.

There is money to be made in penny stocks. The majority of them are throwaways. However, there are penny stocks that can, in a very short time, make people a fortune.

Trading Penny Stocks

When trading penny stocks, it is a good idea to get involved with a service that specializes in the area. Some brokers focus on penny stocks. There are also a number of online trading sites that work with people who want to trade in pennies.

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