what are some good stocks to buy by friday or monday of next week………..?
kenkahoo Asked: what are some good stocks to buy by friday or monday of next week………..?
if you had 100.00 or 500.00 to invest.alot of penny stocks are okay too.
Answers:
Penny stocks are little more than legalized gambling.Most penny stocks never go anywhere.If I only had $100 to $500, I'd leave it in the bank.
Depends on what the weather is like.
I have 35+ years of investing and trading experience so I trade the occasional penny stock because sometimes it makes sense.I know that any news or expected news should be taken with a grain of salt.I know that almost all penny stocks are in some form of market or financial crisis.
I invest very little & I've got years of great risk management experience. If you don't have a clear risk management stratedgy.Stay clear.
Penny stocks are stocks trading for $5 a share or less.
Stocks that trade under $5 are notoriious for not having trustworthy finanacials or trustworthy news.
Many Mutual Funds are (by their own rules) not allowed to buy stocks trading below $5 (that's a bad thing).
Most Penny Stocks have either bad financials or are losing market share (or both).
Many Penny Stocks are easy to buy…. not easy to sell.
No company wants to be a penny stock.Starting out as a penny stock would be stupid at best.

