- Joined
- Jan 15, 2012
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I have recently started 'investing' in very high risk sub penny, penny stocks ( sub penny to about a $1). Basically you look at the company, find as much info about the company, owners, what percentage of stock is owned by INSIDERS, read forums, post, ask questions and finally put some money in it and hope for the best. I have found out that most of these traders are momentum traders and these stocks will go up sometimes by 1000 % (extremely rare) but can also easily go down about the same (much more often).... I have read about a stock going up by 70 000 $ cant remember the name but it was owned by people who made 'X Files' Tv series. My question here to you good people, if anyone is familiar with these types of stocks, is where do you find good information, or how you go about doing your Due Diligence? If anyone can point me in right direction I will be very thankful!
And as always, you have a good day
And as always, you have a good day
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