posted
How do you normally screen the stocks you're researching. I know there are several screening programs out there (Yahoo, Quicken, etc..), but what criteria do you use? Let's say you want to look at shares under 2.00, for example's sake let's say I find 15 stocks under 2.00 (I know that's only a fraction of what's out there), but after doing my DD I realize that all those companies are pretty weak investments... where do you go from there? Are there certain trade magazines/papers that are directed specifically toward penny stocks?
Just seems like this is the obvious starting point, and understanding all the fundamentals & technicals in the world will never get me started if I don't know where or what to look for.... Thanks again.
posted
Try www.pinksheets.com and/or www.stockwatch.com Merrick.. i like checking on those 2 and im sure ill find others or get recommendations for others... another idea is to research a industry that might interest you.. like tech's, bio companies, retail, telecommunications etc.. and see what penny stocks are in those industries.. then research the ones u find and narrow it down to a few selections...
[This message has been edited by Machiavelli (edited April 02, 2004).]
Thanks again Machiavelli, Anyone else have any suggestions on this? I'm not sure if I was completely clear with my question, so let me know if you need any clarification, thanks again.