How to Pick Penny Stocks

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How to Pick Penny Stocks

Filed under: Stocks

By: Ross Powers

Anyone who has ever traded stocks knows that penny stocks (stocks, which only trade for $5.00 or less per share) are considered high risk. For unseasoned traders, this is a very true fact. But for traders who know the markets and know the industries, you can make substantially huge returns in very little time.

But what about the people who don't have the market savvy and know how to trade penny stocks? The easiest answer is
to subscribe to a newsletter that analyzes and picks penny stocks for you. There are many stock pick newsletters out there and some come free of charge. The better ones will always charge a fee for their services. One newsletter I find to be the most profitable is from an English based firm that runs algorithm software that searches the market for "bullish patterns" and makes 1 or 2 selections for week. There picks are literally making their subscribers millions.

There website can be found here

http://doublingstocks.com/?hop=pettusco

Ross Powers has been an independent financial advisor and analyst in New York City for over 15 years. He currently resides in Westchester County, NY with his wife and kids.