Ok, here's a new angle on penny stock trading that I think is missing on SI. There are a thousand threads that have fundamental discussion, and lots of hype, but very little technical discussion on penny stocks specifically.
How many times have I seen posts all over the internet like: ...Is it a good time to buy? ...should I chase this one? ...how high will it go?
Few threads discuss when to get out of a stock, and how to minimize the risk inherent in this game.
I picture this as a place where people can bring stocks they are thinking of getting into, for some sober second thought, or a place to profile stocks that are moving, but not yet oversold.
And belive me, technical analysis of penny stocks can work!
One catch though...NO HYPE and NO FLAMING for opinions expressed. |