[The Boxing Ring] Penny stocks aren't for rookies?
I used to favor low-priced stocks as I don't have much money to invest in the stock market. However, I found out these penny stocks are not for rookies like me.
For example, just look at the table below. Of the 15 stocks, only $Zomedica(ZOM.US$, $SNDL Inc(SNDL.US$and $Naked Brand Group(NAKD.US$are gaining this year. Others, however, are hurt badly.
For example, just look at the table below. Of the 15 stocks, only $Zomedica(ZOM.US$, $SNDL Inc(SNDL.US$and $Naked Brand Group(NAKD.US$are gaining this year. Others, however, are hurt badly.
I know that there's no direct relationship between the price and the performance of a stock, but the truth is penny stocks aren't worth investing!
Pitch your favorite penny stocks to me if you disagree and tell me why!
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Hererophytee : All in penny stocks and getting rich
Selow BiHi : $Naked Brand Group (NAKD.US)$ is one on your list which I loathe! I have lost more in It than I care to mention. The roller-coaster of prices and emotions have taken their toll. It single handedly handed me great financial losses and great financial lessons. First lesson was, be careful whose post you trust! (I.e. don't trust mine!) I am still learning but wouldn't erase the loss for fear of losing the lessons provided by my trading nemesis....
FBI888 : I haven't studied penny stocks yet, but you can learn about these stocks through your article
Rocket Man : My advice is do not touch penny stocks. It can go really wrong.
Mars Mooo : Join the WSB (Wallstreetbets) fan club if trading penny stocks.
MooMoo can also start a similar one call 'MooMoobets (MMB)' fan club?
Together with all the Apes here, trading penny stocks can have a higher winning rate.
Apes together, STRONG!
$BlackBerry (BB.US)$
$AMC Entertainment (AMC.US)$
$Naked Brand Group (NAKD.US)$
$GameStop (GME.US)$
$SNDL Inc (SNDL.US)$
BANGS! To the Moon.
KJ22_2 : $Cinedigm Corp (CIDM.US)$ has been a good one for me. I lost on naked and $Color Star Technology (CSCW.US)$ (so far) but cine has been outstanding recently. though it's out of penny stock territory now.
cowabanga :
Disagree!!!!! Are we counted?
Manny Fresh : penny stocks are good for daytrading. never hold long
Laughingtong :
Jiku : Cool
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