Pennystocks - solid advice?
413062
I have found them to be to risky for my investments. These are true gambles
375274
A stock broker. For Penny stocks I'd consider\nBrown & Co. and/or Scottrade. If you are new to\ninvesting.... Go with Schwab, don't invest in \nPenny Stocks and learn as much as you can.\n\nWhen I first started to invest I lost a lot in Penny Stocks. Today I limit 5% of my assets to individual Penny Stocks. I do pretty well with them. I wish I hadn't thrown out my money (when I was young) until I understood investing (in stocks, esp those under $5.00).\n\nGood luck!
722297
Whoah!  Hold the bus!  The advice that includes gregarious reactionaries and traders like Cramer or commodities needs to be held off with the proverbial "ten-foot pole."\n\nGo to CNN Money, Motley Fool, MSN Money, Netscape Investing etc. which will give you a clear, comparatively safe starter advice.  Ask your broker (I recommend Scottrade, sharebuilder, or schwab) about some Exchange Traded Funds (ETFs) like Diamonds or Spydrs or the like--these let you buy a cheap sampling of the Dow Jones Industrials or the Standard & Poors 500, comparatively safe but still very good, profitable companies.  They are about as sexy as steak and potatoes, but they are as substantial as steak and potatoes.  \n\nAs for individual companies, first--does it make a profit?  As for any other features, news, or events, first, does it make a profit?  Second, does it have a triple-digit price to earnings ratio?  Then there are too many people thinking it will be big and it won't likely be big enough to please them all.  If you divide the profit by number of shares (most stock sites will give this information for free, usually doing the arithmetic for you), and the result is higher than 30-something, stay away.  If the number is a negative number, go back to the other rule, first, does it make a profit.
789408
Unfortunately, I'll probably dealing primarily with stocks listed on American exchanges, I'll see if I can come up with a Toronto one.\n\nAltria (nee Phillip-Morris, MO) is a great stock to get because it's a solid tobacco company with some great brands (Marlboro) and they're just entering the smokeless tobacco market, which could be a huge payoff.  Also, this "light cigarette" class action hit the stock too much and I expect to see MO gap up in the future.  And they pay a 4.20% dividend.  It's hard not to like it.\n\nFor alcohol, the market seems to be going into liquor as opposed to beer these days, especially among the younger crowd (who tends to drink more).  This isn't strictly empirical, but I think going into a liquor company is a better bet.  For that, DEO is your best bet.  They have a great stock of brands (Morgan, J&B, Cuervo, Tanqueray) and are have some beer and wine brands (but their strength is far and away their liquor).  It's relatively cheap at 19.51 P/E and has a 3.90% dividend also.\n\nI don't know too much about weapons, but if you're into military stuff, Halliburton and even Boeing are sound investments.  Handguns, Smith and Wesson (SWHC) is the only one that comes to mind it's forward P/E seems a little high at 27.56 for manufactured goods in what seems to me a tight market, but there's not much industry data to go on (not very many handgun companies).  They're trading on the upper end of their 200dma so this stock could move upwards (and it's been trending up all year).  Analysts are bullish, so I'd say it's worth watching.\n\nFor gambling, you need to go where the money is, and that means what's hot.  No casino's hotter than Sands (LVS) which has exploded over the past year, but I'm worried that the money might have been made there.  It's the best casino stock out there, but it's the most expensive.  Casinos are still a good investment, but I'm thinking with concerns over the Democrats taking over (and the economic / legislative ramifications) you might want to go a little cheaper.  Harrah's (HET) is another good casino stock that's not so pricey as Sands.\n\nAs far as sex stuff, it's pretty hard for me to come up with a recommendation.  I'm sort of cold on the industry because a lot of it is privately held, and the public issues don't get coverage.  If somebody can come up with a good investment, I'd love to hear it, though.\n\nHowever, I'd be interested to know why you're interested in sin stocks.  As I touched on earlier, some people think a Democratic congress could hurt some of these companies (especially tobacco).  Maybe you're thinking these were irrationally factored into the price and that these stocks could jump up after the election?\n\nEdit:  Full disclosure.  The only stock listed that I own is MO.
740737
If I were you I would definitely stay out of the stock market altogether right now.  You need WAY more knowledge than it appears you have and any money you "invest" without knowing what you are doing is basically just outright gambling.\n\nAlso, you say is there a good "stock" when in fact the most important rule is to diversify and buy many stocks. If you buy only one, it could go bankrupt, which has happened to me twice in the past when I was young and didn't know better.\n\nWhen you do buy stock though, one good strategy is to find a product or service that has just come on the market and you and your friends love it.  If it is that good, then probably lots of other people will love it as well, which means more sales and more profit for that company.  Just make sure it is a product/service that is innovative and just came out, like....krispy kreme when people were first getting into it.
2351
I would stay away from penny stocks. This stock is at a 52 week low for a reason. Also, penny stocks can be manipulated easily with pump and dump schemes.\n\nYou're better off putting your money in other transportation stocks like JB HUNT or Fed Ex. Both are excellent companies.
277796
yes pinksheets.com is a good source for all the penny stocks. however the previous answer about penny stocks is so full of holes I don't know where to begin to correct it.\n\nmost online brokers will let you buy pennies, they might restrict you from buying the ones that are highly volatile (scam like). if you have the cash in the account and are a customer with experience, they will do the trades. many pinks are companies that no longer wanted the expense of dealing with Sarbanes Oxley - SOX regulations as they became to expensive for small companies to comply with.\n\ntread carefully as there are many minefields in the pink area. if you are not an experienced investor you stand to get burned.
1130356
u flat out cant buy shares from them because of the size of the company. they will let u see them..,but as u know it says "so and so is not available on sharebuilder". ur 100% right though..,penny stocks can have very high returns more than companies such as Microsoft or apple. u need to find the right ones. i have a few..,if your interested let me know i can share them with u. but remember, sharebuilder wont buy them for you.\n dereksamm@yahoo.com
715858
You don't say how old you are, what kind of resourses you have or your knowledge of finance in general, I.E. do you know how the market works, listed vs over the counter, options, etc.?  Before you invest a dime remember the cardinal rule of investing: the public finds out after the money's been made.  In other words, if a stock is at a high it's not the time to get in.  Also, the corolary: if it's too good to be true, it's too good to be true.  Finaly, don't invest money that you can't afford to lose, especially if you're speculating (which it sounds like you are).  Go to Morningstar.com and sign up.  It will be the best money you spend for ideas, research and analysis.  Read the Wall Street Journal and look for companies with a future.  You might want to put money in an index such as the S&P 500 especially if you think the market will keep going up (and it won't - it will correct).  Bottom line is that there is no easy answer to your question.  \n\nAvoid the following:\n\nemails with stock tips\nfax messages with stock tips\nany stock selling for under $5.00 a share (unless you're willing to lose all you invest in it\npenny stock\noptions\ncommodities\nfriends who say they "know a guy who knows a guy who said..."\n\nDo the following:\n\nUse a reputable broker either bricks and mortar (Merrill Lynch, Lehman Bros, etc, or a reputable on line broker like E*Trade, Scwabb, etc.\nPut half your money in a good mutual funds of either high or mid-cap companies - you'll have gains while you experiment\nPick a point at which you want to get out on the up side (on Wall Street the pigs get slaughtered) and stick to it\nIf a stock is falling, pick a point at which you want to cut your loss.  If it;s a good company you can always buy in at what you think the low is.\n\nGood luck.  If you find the secret let me know.  I stick to known companies with solid balance sheets and a track record.  Even so I've lost (Worldcom, GM and a few others).
892487
Frankly, if you are asking people for favourite stocks, then I think it is time you take a step back and improve on your financial literacy and investment education before you attempt to invest in anything. \n\nWho in today's dynamic society can guarantee that starbucks will last forever or at least until you retire? Who in today's dynamic society can guarantee the survivorship of any companies and hence their stock for 50 years until you retire? Who in today's dynamic society can guarantee that the stock market will not crash when or just before you retire? \n\nListening to free, off the street advice is an expressway to disaster and there is never one "God-Given-Sure-Shot-Highway-To-Freedom" Stock. \n\nRemember, just buying stocks and holding on does not make you an investor and does not guarantee you a nest egg... your nest could break faster than you expect and will hardly last your lifetime if you do not have any investing knowledge.\n\nIf you want to just invest monthly and forget about it hoping that someday in the future you will have enough to retire on, then you probably want to look at some investment linked endowment plans with a financial planner instead. The stock markets is no place for amateurs with completely no knowledge.\n\nRead more good books and articles on investments to expand your vision and horizon before you decide to go deeper into the subject. For some of the best investment books that I have ever read, please visit http://www.bestoptiontradingbooks.com and for some of the must-read investment articles that I wrote personally, please visit http://www.mastersoequity.com/articles.htm\n\n\nHope these information helps and good luck on your journey to financial excellence.\n\n\n\nhttp://www.mastersoequity.com\n\n\n\n\n.
1005059
Here is my day trading tip.  Don't do it.  It is a good way to loose money.  Try investing instead.  Select solid companies with good prospects.
973396
Coach has maxed itself out @ almost $40.00 per share and will never offer you much of a return unless it plummets back down to it's foundation price.  \n\nIt is too high and was only a productive purchase to those smart enough to get in on the ground floor.  \n\nIt is rated at an 8,  a great stock to own but as far as it going up enough to make you money...  I don't see it happening.  It wont ever become an Abercrombie or an american eagle.  I don't think so anyway...  always go with your gut!  I would hate to be the deciding factor and you not do something you should have done. \n\nCheck out Psun...  It just split and is still cheap!
861748
I have had lot's of success in penny stocks, but it is dangerous. The penny stock market I know is the Canadian Venture exchange where many new miners, and drillers go to get capital. There are also nice ones on the Australian Exchange. However, doing real research is difficult so be careful. These stocks trade on the US bulletin boards as OTC symbols. Some I like, are MEO.V, CHX.V, FMM.V, But be very careful. They can double easily, but just as easily get cut in half.
328132
I agree with the mutual fund advice wholeheartedly. However, the advice to reseach on the web is probably not the best advice. \n\nGo to the bank and buy the fund they recommmend even if it has a load. THEN . .  . Stop the bank by once an month with new money to invest (even as little as $20) and talk with the same guy who sold the fund to you and ask him how it's doing . Make him earn his money by motivating you to continue investing, educating you, and building your confidence . . .  you'll get a lot out of that $60 (2% x $3000) that you paid him.
62853
No this stock isn't going anywhere for at least 1 yr.  If you are looking long term it might be good, but there are way better bull markets out there for that kind of risk potential.  Check out SMSI and KAL for a couple of small companies with great potential.
425570
Suze Orman is an entertainer...why not get your investment advice from Britany Spears or Madonna? All three will have the same amount of information about your particular situation, your goals, your tolerances and your needs. \n\nJames Cramer was a great hedge-fund manager, but today he's an entertainer...he know that, you should too. \n\nThe financial media is in place to capture eyeballs in order to sell advertising--not to provide readers, listeners and viewers with sound financial advice. \n\nThat being said, I find that Michele Singletarry of the Washington Post and Chuck Jaffe of Marketwatch will usually cut through a lot of the BS. \n\nI read Scott Burns of the Dallas Morning News this weekend and he his writing demonstrated he didn't even know what a UIT is or how they work...yet he wrote an opinionated response to a reader question on UIT's...that is pretty pathetic.
186205
Tips? \n\nDon't take candy from strangers. Don't wear stripes with plaids. Don't buy stocks, buy mutual funds ... these tips are guaranteed good advice!