| As you begin to trade penny stocks, you need to | | | | being paid for giving you suggestions on what to buy. |
| know that there are no short-cuts. You have to do | | | | They just take the money from the ones who want |
| your research and then do it over again every day. | | | | their stocks to rise in value and you never realize |
| In order to escape this, some people take advantage | | | | that there's a conflict of interest going on behind |
| of the free penny stock lists that some traders and | | | | your back. This makes the whole operation of |
| companies are trying to offer. | | | | questionable value. You have to be dealing with |
| This seems appealing, but is very risky. You're taking | | | | people who are on the up and up when you're in the |
| your investment life in your hands for a couple of | | | | market. |
| reasons. For one thing, the free lists are often made | | | | You don't need people on the inside making money |
| up by people who don't know very much about | | | | from your ignorance. If there's no trust, there's no |
| penny stocks. They may know the regular stock | | | | reason to be listening to them. Don't rush into this |
| market and how it works, but they don't understand | | | | kind of trading. Take your time. It's better to wait |
| the penny stocks work very differently. So they're | | | | than to make foolish purchases and sales. In this |
| offering you fool's advice because you really don't | | | | economy none of us can afford to lose money. |
| know very much at this point. | | | | Do your own research. If you're going to look at a |
| You think they know what they're talking about | | | | list, make it a list that you purchase after you've |
| because you've seen their names in various places, | | | | ascertained that it's put out by a reliable compiler of |
| but you don't realize that their names have been | | | | such information. You can search the internet for |
| used in other trading contexts. The other reason not | | | | free to learn about penny stocks. First get yourself |
| to take the free lists is that some of the stock | | | | familiar with the literature and the companies. Then |
| companies pay those who compile the lists. | | | | you're in a position to decide whether a particular list |
| Of course, the compilers don't tell you that they're | | | | will be helpful to you or not. |