penny stock buying

Who has been burned or made out buying “penny” stocks?

Tell your story. Any good ideas on stocks to buy now?

If you define “penny” stocks as being under $1, then I have definitely made some money. I have lost money too. One that has worked well for me lately is Addudell, symbol is ADDL.ob. This company has been profiled on magicformulainvesting.com – it has a low PE and a great return-on-capital – 2 key measurements for value investors. I created a portfolio of stocks based on Joel Greenblatt’s magicformula, you can see them here:

http://www.top10traders.com/ViewPortfolio.aspx?userID=92

this site, http://www.top10traders.com is a free site that lets you create your own portfolio of stocks with $100,000 in “play” money. Each month the site ranks the best traders. Here are this month’s leaders:

http://www.top10traders.com/Top10Standings.aspx

After far as “real” penny stocks, those under say 25 cents – I would stay away from them. There is usually a good reason why they are only worth a few cents! But if you find one where management seems to have integrity and a good business place, then I would put a little money on the line and see what happens. But if someone emails you and says “Penny stock xyz is about to go up 500%” I would hit delete as fast as I can.

What Is A Penny Stock Pump & Dump? By Trader Timothy Sykes