Penny stocks are stocks of small public companies that trade at a low price (typically less than $1 or $5 per share, depending on the definition used).
Questions tagged [penny-stocks]
44 questions
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If I have $1000 to invest in penny stocks online, should I diversify risk and invest in many of them or should I invest in just in one?
I have $1000 to invest. I use Scottrade to invest in penny stocks online, they charge $7 to buy a stock and another $7 to sell it ($14 in total). Given the high volatility of these stocks, what tactic should I use in order to maximize my EXPECTED…
Zipote
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How do I get rid of worthless penny stocks if there is no volume (so market/limit orders don't work) and my broker won't buy them from me?
Short summary
I bought some shares in a penny stock a few years ago, but now they don't trade and are worth $0.0001 per share.
I want to get rid of them, but a) market orders don't work because the shares have no volume, b) limit orders don't work…
Henry
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Consequences of buying/selling a large number of shares for a low volume stock?
Out of curiosity, I've casually followed some penny stocks that trade for under a dollar a share, and find occasional swings up of 10-15%. One naive interpretation of this fact is that if I bought $10,000 worth of these shares, and the stock went…
Chelonian
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How risky are penny stocks?
I've recently gotten into several discussions on penny stocks, and I intuitively know that they're far more risky than large cap companies with real assets, but is there any measure of how risky they actually are, in terms of how often they go to…
C. Ross
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Am I ever required to sell a stock?
I bought some shares of a distressed company that I thought had a good chance of a turn around. Unfortunately, it did not, and the stock now trades OTC for less than 2 cents.
My shares are worth about $15, but the commission I'd have to pay for a…
abelenky
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What drives the stock of bankrupt companies?
What drives the stock of bankrupt companies?
For example:
Energy Company SunEdison (SUNE) filed for bankruptcy in early 2016, with debt exceeding assets by at least $1 Billion USD.
Throughout the bankruptcy proceedings, the stock continues to be…
abelenky
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Shorting Obvious Pump and Dump Penny Stocks
Obviously there is a lot of risk involved, but I routinely see penny stocks (OTC) climb to unreasonably high levels of growth over very short periods of time (1-3 days), sometimes up to 9000% growth. I think it's obvious these are victims of…
SnakeDoc
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How can OTC scams affect you?
I learned a hard lesson today, and fortunately it wasn't that bad.
I invested a few thousand dollars in a penny stock carelessly (via ETRADE, with the intention of doing a short term trade, or a day trade if it proved worth it), without doing my…
temporary_user_name
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Does technical analysis work on penny stocks?
Does technical analysis work on penny stocks? If yes, and we're talking about stocks that trade under $3, is there a point at which it stops being effective?
If yes, does technical analysis work the same for stocks trading at $3 as it does for…
ILovePaperTowels
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How does anyone make significant money on very low volume stocks?
After getting some answers to a related question, I thought I'd post a follow-up. It seems that if there is a low-volume stock, even with significant daily swings in stock price (e.g. 10-15%), one really can't take advantage of that to make any…
Chelonian
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Do I have to sell worthless stock to claim a loss and clean up?
On February, 3 2000 I purchased shares in iVoice.com (IVOC). These shares sat in a "hobby" account which I rarely looked at until recently.
I'm looking for guidance on how best to deal with the worthless positions cluttering my account after an…
cclark
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How much time should be spent on Penny Stocks Trading a day?
I am a student studying and I got interested in Penny Stocks, because I hope to gain money earlier in my life.
I hope to invest the first amount of money that I may earn by part time job; cleverly on stock trading. I know it's risky, But suggesting…
Firas Abd El Gani
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Does a rescheduled conference call generally mean "something's wrong" with a company?
A small, speculative company in my portfolio made the grand press release that they were rescheduling their quarter end conference call for one day later (oh my!). The stock promptly lost nearly 2/3rds of its value (please don't cry for me, before…
Jeff
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How is it possible for a trade to be executed by a broker but cleared by another broker?
The Interactive Brokers U.S. Microcap Stock Restrictions page says:
Execution-only clients (i.e., execute trades through IBKR, but clear those trades elsewhere) may not trade U.S. Microcap Stocks within their IBKR account. (IBKR may make exceptions…
Flux
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How do I determine whether or not a stock is DTC-eligible?
From my understanding, exchange-listed stocks are all DTC-eligible (DTC meaning Depository Trust Company), so my question is more about the securities that trade over-the-counter.
How can I check whether or not the stock of a particular company is…
Flux
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