Posted on 05 August 2012. Tags: hot penny stock news
There are many sources for hot penny stock news. Every experienced investor has a favorite news source. That said, it could be difficult to find a source that you trust, especially when you are learning the ins and outs of the OTC market. The internet is the most common source for penny stock news. There are so many different web sites that claim to be stock market experts, however, that it can be hard to know who is giving you the best advice.
The main thing that you should remember when looking for hot penny stock news is that the news should be a source of information and inspiration, not a source of advice. Many websites try to tell you which stocks to buy. While some of these sites are offering honest advice, many of these sites actually own shares in the stocks they recommend. Even the sites that offer honest advice may not be written by people who know what they are talking about. A good stock news site should update you on the state of the market and outline a few stocks that are both succeeding and failing. If you read about a stock that sounds promising, you should continue to do more of your own research before throwing money at the market.
While the internet may be the most common source of hot penny stock news, it is not the only source. Surprisingly, listing services such as the pink sheets and the OTCBB can actually be great sources of news if you know how to read them. Scan the listings and find stocks that look promising. Follow these stocks for a few days, or even a few weeks, and you will begin to notice patterns in the market flow. Once you get the hang of reading these patterns, you will be able to deduce the news for yourself, simply by reading the listings. If you get good enough, you could even start the next website offering hot penny stock news.
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