Top Ranking Penny Stocks

Are you looking for top ranking penny stocks? If so, you're not the only one. It is a goal of many investors to find winning penny stocks. A penny stock is one that is low in price and is not traded on any of the major exchanges. Penny stocks are traded on the OTCBB and/or the Pink Sheets. They are normally under $1 in price although the SEC defines them as being under $5 in price. Penny stocks are considered very risky and are avoided by conservative investors. They offer the possibility for big gains, but also big losses.

You will find an incredible variety of stock picking services related to penny stocks on the Internet. All of them claim to provide you with top penny stocks picks. One major provider is Peter Leeds Penny Stocks. This site offers a subscription package that includes daily updates, a tip sheet, hot picks on a regular basis, expert opinions and the Hot List which includes eight months of picks. This is one of the better known penny stocks services online run by an expert in the investment field. Before signing up for any service, you should investigate it thoroughly and do some comparison shopping.

There is another site called Penny Investor that is not as large as the Peter Leeds site but offers various penny stock picks. This is also a membership site which chooses its picks using a combination of investor awareness, news, volume, company outlook and other criteria. Another site is called Hot Stock Market. The good thing about Hot Stock Market is they have a forum where you can network with other penny stock investors and day traders. There is a lot to learn from experienced traders who have been at it longer than you have.

Top ranking penny stocks aren't always easy to find, but when you do find them they can really pay off. The reason many investors choose to risk their money with penny stocks is because of the roller coaster thrills and the potential for big profits. If you are a conservative investor who doesn't like taking risks or losing money, penny stocks are not for you. When investing in penny stocks, a good rule of thumb is never to spend money you cannot afford to lose.





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