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Penny Stocks Thread About, 10 Stocks to Buy Under $1.99 |
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Your World & Experience
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10 Stocks to Buy Under $1.99
by Louis Navellier (InvestorPlace) 10:10:00PM (DST) Thursday,April 21,2011. Let’s face it, this is America, and we like getting a lot for a little (hence the prevalence of dollar stores and all-you-can-eat buffets in this great nation of ours). Investors also like getting a lot for a little, which explains the popularity of penny stocks. Who wouldn’t like the chance to turn their spare change into a small fortune? And unlike most established companies with fairly steady share prices, penny stocks afford you the opportunity to make a massive amount of money in a short amount of time. Of course, the trick is picking the right penny stocks to buy. The stocks on this list might not be what you would consider “true penny stocks.” But in any market, and especially in a volatile, headline-driven one, micro-cap pink sheet or OTC stocks that cost only a few cents per share are incredibly risky investments. The companies on this list are super cheap, but they also carry market caps of $100 million or larger, making them much safer bets. More-->Penny Stocks to Buy URRE SILU AEZS RAE CDY SIRI CPST KBX URG GRZ | InvestorPlace -------------------------------------------------------------- * Think patience is involved and what-when-how to invest. *
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