Are penny stocks real companies?

For the most part, penny stocks trade at under $5 and represent start-up companies that are trying to get off the ground. Penny stocks come in a variety of forms. Some are real businesses that will explode into the mainstream, some are real companies that will fail and some are pure scams.

Are there fake penny stocks?

Penny stock scammers get rich luring inexperienced investors into investing in worthless companies and taking their money. There is a long list of of common penny stock scams that you should avoid.

How do you read stock for dummies?

Important things to know when learning how to read a stock chart

1. Identify the trend line. This is that blue line you see every time you hear about a stock – it’s either going up or down right?
2. Look for lines of support and resistance.
3. Know when dividends and stock splits occur.
4. Understand historic trading volumes.

Is pennystocks a legit investment company?

Unfortunately, both the Disclaimer and the FAQ sections of PennyStocks.com explain that they are not actually an investment company. Rather, they are a marketing and advertising company that is paid to promote certain stocks.

What are penny stocks?

The actual name of penny stocks is microcap stocks or small cap stocks. These are stocks that trade under $5 a share, though penny stock alert companies tend to concentrate their focus on stocks that trade under $1 a share.

What is the best penny stock Alert website?

PennyStocks.com claims to be the internet’s leading penny stock alert website, which provides its members a free newsletter in order to keep them informed of penny stocks that are ready “to soar” in value.

Can you really make 1000\% gains on penny stocks?

PennyStocks.com claims that the stocks they alert you to regularly make gains of over 1,000\%, and that if you had been following their alerts from the beginning of their newsletter, your gains would be over 40,000\%. The actual name of penny stocks is microcap stocks or small cap stocks.