Making Money From Penny Stocks. Only Buy Penny Stocks of Companies That Make Money: This may seem obvious, but with penny stocks, leave no stone unturned in your research. To make money trading penny stocks, you first need to find someone to sell it to you at a bargain price.
Trading penny stocks and making money for the long term is all about discipline. Many of these companies are speculative because they are thinly traded, usually over the counter instead of on major exchanges But Grittani has been able to profit because it's such an inefficient market. The penny stock market is rife with snake oil salesmen promoting the next hot stock tip.
The idea is to make the investor aware of the potential risk associated with the stock, the possible customer rights ad penny-stock related norms that might be handy eventually.
Here are two viable options for getting more value from your pennies: David's Note: Doh!
If you want reliable sources it is usually best to stay away from free newsletters or free penny stock websites. Follow these five rules for trading penny stocks, and you will improve your chances dramatically. Fact: Penny stocks can make you a lot of money.