What penny stocks to buy today is a common question that I have to answer. I am pretty good with dealing with penny stocks. My investing class researches them daily and are very successful at choosing the right ones to attack. For those that don’t know what a penny stock truly is, here you go. Penny stocks are any stocks that sell for under $5 a share. These stocks usually have a high risk associated with them. During the next few weeks, we are going to show you how to take full advantage of this risk.
In today’s society, you need to take risk in order to make the money you wish to have. Penny stocks are the key to doing this when dealing with wall street. If you are one that does not like risk, then this is definitely not for you. But, if you want to gamble and go for the million dollar score, then penny stocks might be the answer.
As I said before, we are working on this selections almost every hour or every day in order to help you beat the corporate greed of wall street. I have posted an article that uses leverage to triple your gains while still trying to keep the risk in check. Check that article out if you are looking for something a little wiser in making a long term profit.
Here they are: The suggested hot penny stocks of the Decade!
When it comes to what penny stocks to buy today, I have put a list together down below to give you something to look at. The prices below are the market price when the selection was made. Because these are penny stocks, the price fluctuates rapidly incurring steep gains or loses in a short amount of time. These stocks will most likely be close to zero by the time you read this article because that is the natural way with penny stocks. They are usually at the end of the line before the company goes bankrupt. But it you are lucky enough to find one that explodes, then you have a chance of making 10 to 100 times your money.
I have written about penny stocks many times and I will say the same thing again. There is no bigger risk than investing in them. I would prefer options or leverage trading over penny stocks if possible. I would also recommend trying to short them with a call option as insurance if possible. There are a number of ways to trade in this arena, but you definitely have to be on your toes at all times.
1. SNWT ———— .0515
2. MMTE ———— .0005
3. HSCC ———— .043
4. BDGR ———— .0008
5. CCTC ———— .1025
6. ELCR ————- .0028
7. INOL ————- .004
Another piece of advice before I go. With COVID-19 disrupting all the business out there, this might be a perfect time to short some higher cap penny stocks. The idea is that they may look to bankruptcy protection much quicker than most people realize. These government loans that many businesses are taking out have to be repaid. Even if the interest rate is only 1-2%, the money still will need to be paid back for the most part. (There are exceptions) At this point, take a look at a few of my articles to see how you can bolster your portfolio to new highs.
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