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Old 01-11-2010, 12:30 PM   #1
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Penny stock

I'm noob when it comes to business, but I'm thinking about invest or rather experiment in penny stock.

Anyone has helpful books or website that guide me through it?

I've search a few sites but not sure if it is helpful, because system changes depsite which country you are in ?
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Old 01-11-2010, 12:41 PM   #2
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invest in some blue chip co.'s and get a feel for it - or experiment using a simulator on investopedia.

right now ur not investing - ur gambling...
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Old 01-11-2010, 02:23 PM   #3
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^ blue chip co.'s ??? what's that ?
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Old 01-11-2010, 03:44 PM   #4
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big companies like. Visa, Master Card, RBC (any CAD bank) , Coke , Pepsi , MS , Shell - etc..

i suggest u try out stuff on investopedia - its very life like , also simulates comissions...
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Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.


Make the effort and take the risk..

"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
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Old 01-11-2010, 05:25 PM   #5
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Old 01-12-2010, 09:49 AM   #6
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When you are noob, don't dabble in Penny stocks.

It will kill you, if you want to learn, listen to tiger, stick with big companies first then learn more, then if you can take the risk. THEN go for penny stocks.

Rides from 50% each way swings an hour sometimes isn't fun
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Old 02-16-2010, 01:14 PM   #7
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I agree with play what you can afford to lose - the swings are definitely stronger (higher volatility)

But this year (and last) should have taught everyone that blue chips (the banks) can easily be as volatile. End of day, stick to GIC/Bonds if you can't afford to lose 20-30%.
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Old 03-17-2010, 10:17 AM   #8
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oldschoolvalue.com and www.fwallstreet.com/ check out their archives by category..

be prepare to spend a sh*t , i mean a SHHI**TTT load of time reading books and analysis Financial statements if you want to make a career by investing and not speculating.

Hope that helps

Cheers!

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