Trade with me: https://bit.ly/3wNlE1x What are penny stocks? Are penny stocks worth worth it as good investment? Buying penny stocks are risky but there are definitely ways to make money from penny stocks by day trading and swing trading.
Time stamps: 0:47 - Intro to Penny stocks ( Listed stocks and OTC stocks ) 1:34 - Why are penny stocks risky? 2:30 - Penny stock manipulation. 4:30 - Extreme penny stock pump and dumps. $LFIN $HUNT stock 5:55 - Penny stock misconceptions 9:00 - Can you make money from penny stock trading?
Introduction to penny stocks for beginners. Generally speaking, penny stocks are stocks with market caps under $300 million dollar. The SEC classifies penny stocks as any stocks trading below $5. Some penny stocks are still listed on NASDAQ and NYSE, while the true penny stocks trading below $1 are listed on OTC markets.
Are penny stocks risky? In short, yes! Penny stocks are risky investments because of the lack of information available to the public, lack of liquidity, and are easily manipulated through penny stock pump and dump schemes.
$LFIN, $HUNT, $AVEO, $YRIV were perfect examples of penny stock companies releasing PR to pump their share prices up hundreds of percent. Then the company insiders sell their shares or issue offerings to raise more capital. Pump and dumps like these are just everyday activities in the stock market, both with the NASDAQ listed penny stocks and the OTC stocks.
Make sure to do your own research, establish your risk profile before you buy penny stocks and do not follow others alerts or recommendations.
I believe the better ways to make money from penny stocks, are by day trading and swing trading penny stocks, instead of investing in them long term. Day trading and swing trading are the strategies I focus on on this YouTube channel. Make sure to check out my other videos if you're interested!
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#pennystocks #daytrading #investing ___ DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
