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Yes, some people have made fortunes through penny stocks, but it is difficult to project the outcome of the stocks. Regarding finance and stocks I suggest contacting a financial adviser who can direct you to a better way of making money fast.

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Q: Do people really make fortunes in penny stocks?
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Related questions

Are penny stock fortunes used often?

Penny stocks are a very, very, very risky investment and it is unwise to try and get rich off of penny stock valuations. Winners in penny stocks usually have to be luckier than lotto winners.


Where can one find penny trading stocks?

Penny trading stocks can be found on a number of websites online. Global Penny Stock is one of the more well known options for people interesting in this form of stocks.


What is the difference between penny stocks and cent stocks?

There is no difference between penny stocks and cent stocks.


Where can I go to get information on otc penny stocks?

I really don't know what otc penny stocks are but here is a website to help you figure out what they are and all the information you need http://pennystocksotc.com/


What are some of your best penny stock sites available for people who have never invested in stocks before?

Penny Stocks is a viable option for people who would like to enter the investing world but have little knowledge on it. The website is called Hot Penny Stocks, and they explain the system on the site.


Where can one find information on the NASDAQ penny stocks?

You can find information on NASDAQ penny stocks online at the All Penny Stocks website. Once on the page, hover over "Hot Penny Stocks" in the left navigation menu and click on "Hot NASDAQ Penny Stocks."


How can Canadian penny stocks be bought?

Canadian penny stocks can be bought through a financial brokerage office. Also an online platform service can be used. Detailed information about Canadian penny stocks can be found on the website All Penny Stocks.


What are the advantages and the disadvantages of buying penny stocks?

The main advantage to buying penny stocks is that they are so cheap. One also has to consider the downside. The major disadvantage to penny stocks is that these stocks often fail.


How can you invest in penny stocks?

Penny stocks, usually called common stocks, can be invested in for as little as $5 a share either at a brokerage firm or online. Consultation with a broker who specializes in penny stocks is recommended.


Which websites carry information on penny stocks?

There are tons of websites out there specializing in penny stocks. My favorite is www.pennypicks.net/. They update their website every day with the best penny stocks.


Is investing in penny stocks worth the money?

Typically, penny stocks are high risk stocks and experts advise people to avoid them due to the fact that they fluctuate rapidly. For information, see http://business.solveyourproblem.com/stock-trading/penny_stocks_high_risk_investing.shtml.


Are there online penny stock alert websites?

Hot Penny Stocks is the main website that people use to deal with and manage their penny stocks. It is an easy way to get yourself started in online stock investing. They do have mobile or text alerts.