Penny Stocks

Penny Stocks to Buy

There are numerous opportunities to find penny stocks to buy among the thousands of stocks trading on the Pink Sheets or the OTCBB. Even better, there’s no shortage of investment opportunities in this market. But the popularity of penny stocks means that it can sometimes be difficult to figure out which companies to watch for those profit-making opportunities.

Penny stock investors have to decipher which stocks are set to make a potential move and which stocks are going to be static for a while. This is the first step in assessing penny stocks to buy for a potential trade. Unfortunately, there’s also a shortage of independent guidance in the search for the best penny stocks

Here at PennyPic, we like to begin with a technical analysis of the stock’s position. Each week, we look for stocks that are showing exceptional volume, or which have particularly strong technicals. We also like to look for upcoming news announcements and other catalysts - often indications that the stock is about to make a positive move in the next week or two.

Once we find a stock that meets these basic parameters that stock goes on our “penny stocks to buy” watch list.

We then continue to watch those stocks intraweek, keeping tabs on their performance. When we have a definitive idea of which direction the stock is headed, we send an email to our subscribers, alerting them that these may be penny stocks to buy.

While penny stock picks are speculative in nature, they can still be an excellent choice for investors. Typically these stocks will be trading for less than $5 per share. At that price, investors can afford to take a substantial position while risking just small amounts. At the same time, because the buy price is so low, penny stocks only have to make a small numerical gain for the investor to see a large potential gain.

The percentage of profit available through relatively small numeric moves make penny stocks some of the best stocks to buy on any given day, and in any market.  Still, investors need to choose carefully when they select penny stocks to buy for their portfolio. A reliable source of information with a track record, such as our newsletter, is a tremendously valuable asset and a profitable time-saver

Our lucky subscribers get an early jump on the rest of the market with our exclusive recommendations. Simply sign up below to receive our suggestions for the hottest penny stocks to buy.