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Young Entrepreneur Forums » General Business » General Business » Has any one heard of Penny Stocks?



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Old 10-27-2005, 05:27 PM   #1 (permalink)
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Has any one heard of Penny Stocks?
what good guys? Alright i was talking to my teacher about stocks the other day and i noticed this website he was looking at www.actnowstocks.com. This site clames that they can pick stocks for you and they have a turnaround of around 70%. I dont know? what do you guys think? are people really willing to pay money for others to do research for them, mmmm..... O well thanks!

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Old 10-27-2005, 06:22 PM   #2 (permalink)
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It looks a little dodgy, but for only $15 a month, it may be worth just signing up for a month and seeing how well it works.

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Old 10-27-2005, 11:10 PM   #3 (permalink)
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the problem with most sites / services like this is the fact that they are in already and you have no idea what is going to happen if they or their larger clients (if any) get out before you.

To see how this stuff works and for just an awesome book written on stock investing from the early 1900's check out:

Reminiscences of a Stock Operator by Edwin Lefevre

Anyhow, if it is only $15.00 / month it might be worthwhile to try for a few months.
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