Penny Stocks, Make or BreaK?

[Always+EV]

How about a discussion area about Penny Stocks.

Suggestions, Strategies, Tips etc...

[Rudy1957]

We specifically don't want penny stock discussion. I'd rather listen to Stu Feiner's picks.

Real investment topics are welcome.

[Always+EV]

You will not even allow a single thread discussing it?

[Rudy1957]

Penny stocks are almost invariably pump-and-dump schemes, with no fundamental value. That's not investing, that's rolling dice or preying on the naive.

We won't rule out all low-priced stocks, especially in this market where so much has been beaten into oblivion, but we'll draw the line at trying to jizz up unfounded speculative stories.

[Always+EV]

We won't rule out all low-priced stocks, especially in this market where so much has been beaten into oblivion, but we'll draw the line at trying to jizz up unfounded speculative stories.

Thats what I was referring to. Please correct me if I am wrong but aren't stocks that list for under $5 generally considered Penny Stocks?

I have been following a Medical Imaging company (Merge Technologies MRGE) for about 2 months now. Bought In at 55 cents and is up to 1.25ish. I would be interested in hearing opinions of Low priced stocks that have been knocked down with the current market, such as Ford, GM and such

[Rudy1957]

Merge and its ilk would be OK to discuss, as it used to be a real company, now close to banktrupt.

The definition of penny stock more typically references its original IPO price and heritage of underwriters than where it trades presently. Penny stocks, as a class, are rarely money makers, and are most often no better than semi-fraudulent.