HSX Forum

Playing & Trading Strategy

Yes and no...

Posted by: edzep - Port Monkey! (a.k.a edzep) on Mar 12, 11:02 in response to mattep74's post Question about the low priced stocks and release

Penny stocks can be fun. They can be profitable. BUT, messing with pennies will never make you as much as good investments in mainline stocks. The problem with a penny stock that's opening 'this' week, is that it's probably a limited release, and it's low prospect to make significant dollars is already figured into the price... so, you are not likely to see much, if any, profit.





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