Are Free Penny Stock Lists Reliable?
You would be wasting your time if you are looking for a list of penny stocks that would be profitable to invest in. You may have to spend a lot of time searching for it and what you find will be worthless. You may ask why this should be so. Let me enlighten you. There are a couple of reasons why your time is wasted when you look for profitable penny stocks. Firstly, those who prepare lists of penny stocks know absolutely nothing about them. They merely use the same rules that they follow to make lists of normal stocks. This is a huge mistake and leads to heavy losses. Penny stocks have very different rules from those related to normal stocks. These kind of stocks involve only small companies that have just started and are in the process of growing. On the other hand mature stocks involve companies of long standing. The other reason why the penny stock lists available on the internet are worthless is because of the hype provided by the insiders. Cheap stock companies make covert payment
