| Before investing your hard-earned cash into penny | | | | financial information, competition, track record of the |
| stocks, it is important to research the penny stocks | | | | board of directors, company reports and broker |
| you want to invest in before committing any cash.. | | | | recommendations. Using the variables, I can quickly |
| You want to find profitable penny stocks. To do this, | | | | establish whether a particular stock is worth investing |
| you'll need penny stock leads. Leads are just names | | | | in. |
| of penny stocks that you are thinking of investing in. | | | | Once my list has been cut down to 1 or 2 stocks, I'll |
| There are many ways to get penny stock leads. For | | | | ask for opinions from other people to confirm my |
| example, searching the internet (blogs and forums), | | | | selections. It is very important to listen to the views |
| joining a penny stock mailing list or keeping an eye | | | | of other investors because, in most cases, they'll |
| out on the news. The main idea is to build a list of | | | | have something valuable to contribute to your |
| around 5 to 10 quality leads that are worthy of your | | | | research. Perhaps, you missed out a vital piece of |
| money. | | | | information which other investors could highlight for |
| After you have a list of leads, you'll want to choose | | | | you. |
| one or two of them. You'll need to go through your | | | | Now that I have 1 or 2 stocks out of my original list |
| list and discard stocks which do not meet your | | | | of 10, I feel confident that I have done my due |
| criteria. This process can be tedious but it will be well | | | | diligence and I am ready to invest. I use this process |
| worth it in the end. | | | | every time I'm investing in penny stocks and , so far, |
| The criteria that I look for include - company history, | | | | it has been simple but profitable. |
| business plan, opinions of individuals and experts, | | | | |