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my first penny stock purchase.....

post #1 of 3
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so I finally got around to putting some money in my etrade account and I want to try out buying some penny stock.  I was really close to hopping on LEXG before it blew up, but I couldn't pull the trigger because of my lack of experience.  now I thinking of buying like $300.00 of TTIN and hoping that it doubles.  my question is: is it worth it to trade penny stocks for a few hundred dollars, or do you have to invest a few thousand to make any kind of money??

post #2 of 3
Quote:
Originally Posted by shadymilkman View Post

so I finally got around to putting some money in my etrade account and I want to try out buying some penny stock.  I was really close to hopping on LEXG before it blew up, but I couldn't pull the trigger because of my lack of experience.  now I thinking of buying like $300.00 of TTIN and hoping that it doubles.  my question is: is it worth it to trade penny stocks for a few hundred dollars, or do you have to invest a few thousand to make any kind of money??

Hope doesn't trade on the market.
Pennies are dangerous. If you can afford to lose everything go for it but be warned the cost of tuition to the penny market is usually very steep!
post #3 of 3



 

Quote:
Originally Posted by shadymilkman View Post

so I finally got around to putting some money in my etrade account and I want to try out buying some penny stock.  I was really close to hopping on LEXG before it blew up, but I couldn't pull the trigger because of my lack of experience.  now I thinking of buying like $300.00 of TTIN and hoping that it doubles.  my question is: is it worth it to trade penny stocks for a few hundred dollars, or do you have to invest a few thousand to make any kind of money??


Go to this section: http://www.hotstockmarket.com/forum/list/37/penny-stocks

it has everything you need to know. Pennies stocks are danger but if you play right then you will be okay. Read, read, and read. then research research and research before you do anything.

 

welcome to this forum. The best forum I stumble across.

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