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Are preferred stocks more or less risky than convertible preferred stock?

I started up penny stocks online through Sharebuilder and penny stock funds as well will I get rich?

  • Penny stocks have a huge return when they're doing good...even just a little bit. Let me tell you some of the ones I'm buying Lehman Aggressive Bond Fund I Shares, S&P 500 Index Spider, Kati Industries, and Sirius Sattelite Radio. I did the research on the groups. O.K. two are funds the other two are penny stocks. Anyway people who know about stocks are these good ones that I have right now, will I profit alot on these? Also, what are the sure fire penny stocks that you know that are guaranteed to blow up and make everybody rich who buys these penny stocks? Name me some... I'll go buy them! I'm talking about penny stocks that are going to become the next big companies holding the economy down in America like Walmart, Mc Donald's, Microsoft, Coca-Cola,etc. when they were penny stocks. I'm looking for those potential ones right now. I'm a risk taker so let me know some.

  • Answer:

    Hi, i know what your question means. i also think stock market is a nice place for investing. I found some useful tips in stock trading. It includes stock basics, how to protect your profit, find a potential increase share, control and manage stock risk, when to sell/buy stock and so on. http://www.bernanke.cn/stock-trade/ Best Wishes && Good Luck!

God'sStr... at Yahoo! Answers Visit the source

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Not if you answer SPAM e-mails They are sent out by chancers who have bought in cheap and want to up the price before they sell. On average those that respond to the SPAM lose about 6%, while the SPAMmers make around 5% because of others buying in to penny stocks they bought low.

Weatherman

If you have to ask...I would say NO...you will not get rich. Learn more about it, so you are not in doubt.

I I

That was way too long. Who's gonna read all that? But you probably will get rich by the way, just keep your karma good.

salon Girl

I would not buy penny stocks because most of them will not exist long. I will also stay away from spammer and promoters. They are doing the promotions just to extract money from us. Read and research a lot, you will come up with stocks at a reasonable price earning ratio,not burning cash and selling products of good quality. It must have reasonable book value , manageable debt and current ratio above 1. Do not be taken to cleaners.

Pk D

This is an example of survivorship bias. Yes some penny stocks became great companies, but the vast majority went under or stayed penny stocks. Risk and Return are inveresly proportional. You think you might make HUGE returns? Well then you are probably taking on HUGE risks, unless you know something that almost no one else does. I doubt that you do, and if you did you wouldn't share it here. Stay away from penny stocks. Also all those "tips" you get in your e-mail are from Pump and Dump schemes. Remember the movie Boiler Room with Ed Norton? They are like that, and you will get fleeced the way his clients did.

michael l

I thought sharebuilder didn't sell penny stocks...bt anyway i think that you should try to research up the companies more and determine there financial standings in terms of debt and income and look over the balance sheet, income statement, and be careful because news can be like a time bomb to penny stocks. If u don't know enough about the company, don't buy. It looks like u have legit companies in terms ownership and management but there are a lot sources such as MSN.com where u can find annalist rating on those stocks, so check that out. lol...I'm a risk taker for this month only.

Raju

If you are a risk taker, put your money on number 11 at any table in Vegas --- or #2 in the sixth at any race track. Do you really expect that anyone on a message board will give you an accurate, unbiased answer to an investment selection question? Do your own homework (more than looking at Yahoo Finance) or hire a broker.

money_locater

Read some tips on investing and stocks on this site

girl

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