1. Is it possible to diversify a portfolio with stocks under $0.10? Things change everyday and it seems that with the constant diversity and ever changing market, people only move on news and and rumors and not facts. I know that sounds naive, but it just seems that way.
2. Is long term investment a possibilty and what stocks have good long term investments? I have been reading here for a little over a week and have seen CTKH, IBZT, and QBID do some incredible things, but is it possible that these stocks ever get over say $0.20. I know they may have support and resistance but what kind news and PR can make a stock explode.
3. Stocks under $0.01 are they even worth it? QBID for example has had so much volume and has went from 0.0001 to 0.0004 throughout the week. Now if you are buying 10,000,000 shares, you could make some great money, but what are some of the chances of that thing ever hitting a penny. I would presume that it would be fullblown network activity
4. Stocks period? It seems that this place is a plethora of information so far. I cannot start trading until next Thursday per Ameritrade rules, but I would like to see what everyone's top 3 picks would be and why they look like good investments for:
Long term stocks by OTCBB standards (30-90 days)
Short term stocks (short holds)
Thanks for your replies ahead of time and I understand that a lot of this has to do with DD, TA, and just overall knowledge of the market, but just curious as someone who is learning the game.