reviewing the top penny stock websites and newsletters
Our research is finally complete! After several weeks, we have completed our review of penny stock picking sites. There is no reason to invest in penny stocks without some guidance. There are several penny stock research and newsletter sites that you can choose from to help make your decisions. Protect yourself by knowing who you are dealing with, and by knowing their track record.
They not only have the best record of all sites we reviewed, they are also a bit less expensive than their competition. Read our review of FalconStocks' penny stock picks newsletter and find out how we made our decision.
Please note that once we told the companies about the survey and the results, the 2nd and 3rd place penny stock sites would not allow us to mention their names. Therefore, to comply with copyright regulations, we'll have to list them as "Competitor #1" and "Competitor #2".
When many people think of penny stocks, they think of some fly-by-night stock with shares that trade for fractions of a penny. While there are others out there like that, we concern ourselves with only upstanding companies. In this case, a "penny stock" is any company's stock that trades for less than $5.00 per share. Many of these stocks trade on NASDAQ, as well as the New York and American Stock Exchanges. There are literally thousands of fine businesses that have a share price under $5.00 per share. In fact, Microsoft was a $5.00 stock at one time! What Are Penny Stocks?
As with any stock, risks are a reality of investing. In many cases, these "penny stocks" do not have a long track record. In many cases they are still not yet profitable or are operating in a risky field such as bio-tech or new drug companies.
However, sites such as FalconStocks.com concentrate on these low-priced stocks that are in fact, growing. Many have excellent track records, many are very profitable. Many are in the midst of a turnaround. Read more about Penny Stock Risks.
Before you choose ANY source of investment information, make you that you check and see whether or not the source may be biased? What does that mean? Well, many sites tell you to buy a stock while they already own it and are selling. Many sources are paid to promote a company and its stock.
Click here to read more about these biased and how you can stay away.