Free List Of Penny Stocks - How To Get The Best Penny Stock Alerts
Whether you are looking to build a penny stocks list or want to find the best penny stock listings quickly, you have come to the right place. First, lets make sure we are on the same page as far as penny stocks or microcap stocks are concerned. Penny stocks are shares of stock in companies that are trading for less than $5 and are traded on Over The Counter Bulleting Board markets and Pink Sheets. These companies are generally small firms that are looking for additional capital to fund their growth. So, there is a potential of picking up stocks of stellar companies before everyone knows about it and there is also the chance of losing all the money if these firms go under. These are highly speculative investments and aren't recommended for the novice investor. Still interested? Good. Start your penny stock listings search at any of the sites below: Timothy Sykes is a well-known person in the field of penny stock investing. His investment record is well-documented and he laced highly in
several trading competitions. A lot of his alerts require a paid subscription but you will learn a lot from his free alerts and the website as a
whole. This site is a portal for good penny stock junkies. You have something for everyone. There are articles, forums, lists, email alert subscriptions and all sorts of content on this website. As a word of caution, use one of your throwaway email addresses or ones that you dont check that often to subscribe to any of these websites. It'll be easier to login once a day and catch up on all the news rather than getting pounded by offers throughout the day. 3) The following sites have various penny stock alert subscription options. As recommended earlier, you could start subscribing to them using an email that you dont use often. Unless of course, you just have to get the latest breaking alerts as they happen. www.hototc.com 4) Google alerts This is one of my favorite ways of getting penny stock alerts from new and existing newsletters. You navigate to http://www.google.com/alerts and create a news alert for keyword phrases like 'penny stocks', 'penny stock alert', 'penny stock list' or anything else that you fancy. After a while, if you've been reading the daily summary emails from google, you'll know which websites offer the best content. A few tips to keep in mind before you jump into this headfirst: - Read the fine print on the websites with any of these lists of penny stocks. A lot of the sites are compensated in one way or the other for recommending certain penny stocks. This doesnt imply that the stocks aren't worth looking into. But, you should be aware of this affiliate relationship before you put your money into any of the companies. - Ideally, you should be paper trading the penny stocks according to the alerts. As an example, if you get a buy alert for stock XYZ at 0.01. You should make a note of it in a spreadsheet or a journal where you record your trades. After that follow how that stock as fared over the next couple of days and keep an eye for when the sell alert is sent for the same company. This is your way of keeping score. After a while you will be able to figure out which sites are sending alerts that help in making profitable trades and which ones are making more bad picks than good ones. - Do your due diligence. After you get a penny stock listing alert, try to get more information about the company from Moody's, Standard and Poor's or some other credible source befor you just invest your hard-earned money. Putting money into penny shares immediately after you receive an alert without checking into the track record of the newsletter that you are subscribed to, is a surefire way of losing your shirt and then some. Don't do it. In summary, penny stocks can be very lucrative. But they are very volatile and risky investments for most. Do your homework before you invest and only put in money that you can afford to lose.
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