[mage lang="" source="flickr"]how can i buy penny stocks[/mage]
How do you buy penny stocks?
I am looking into investing into some penny stocks but I have noticed that I can not buy them through sharebuilder.com why is that? I want to start purchasing them but how does it work. I looked through some other questions and seen something about with penny stocks your not guaranteed a buyer or something as a normal stock on the Stock Exchange. Are there cheap stocks around a dollar or under where I can simply go to my computer and click sell and then its done with? And what online broker can I use to buy these types of stocks. What are the chances that I buy a penny stock and want to sell and no one wants to buy it.
Its funny I was in the same predicament about a year ago. I just was getting into the stock market and penny stocks seemed GENIUS!
But anyhoo, the reason theyre not on the trade list for 98% of brokers is because its too liquidated. It fluctuates more than the people’s opinion of George Bush Jr. The rule of thumb is if its over $5.00, its tradeable.
And good luck finding a penny trader. I gave up sleeping to find one and I found nothing. Hope this helps, somewhat? Good luck