The Definitive List of Reliable Penny Stocks

Discussion in 'Penny Stocks' started by PvtParts, May 6, 2014.

  1. PvtParts

    PvtParts Guest

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    If you consider yourself to be a knowledgeable investor in penny stocks, I would like to ask you to please contribute to this thread a list of penny stocks that you consider are safe so that other investors who are just beginners to have a handy guide!

    Let's make this thread comprehensive, people!
     
  2. halenfan33

    halenfan33 Guest

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    I have been investing small amounts ($300) in FSPM.....one that is not as risky is SONS IT [email protected] $3.21 TODAY. MWIP is a stock I follow closely and have invested in but sold my position a few weeks ago.
     
  3. wanderingwildman

    wanderingwildman Well-Known Member

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    I have followed SONS it for a long time. It is one of the safer ones out there. I wouldn't say too many more are safe however.
     
  4. Strykstar

    Strykstar Well-Known Member

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    We definitely needed a topic like this, this will put a lot more companies on my radar, so I can either get in on them or check them out for a later time.
     
  5. Abqu

    Abqu Well-Known Member

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    I'm skeptical that any penny stock could be listed as reliable, especially compared to the alternatives.
     
  6. firelily99

    firelily99 Well-Known Member

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    This is a good topic and I have gained a lot of ideas and information from it. Learning all of this would be a much slower process if I had not found this site.
     
  7. admin

    admin Administrator Staff Member

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    Keep your eye on VPLM......
     
  8. dogecoinbets

    dogecoinbets Member

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    I've been going long on Jbii. They are a company that turns waste plastic into diesel fuel and have gone through a complete restructuring of their company. From their focus, to their management. I like what they stand for, and the $1200 I put in at .12 has already netted me a decent return.
     
  9. Fredrick Jones

    Fredrick Jones Well-Known Member

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    If penny stocks where reliable, they would not be penny stocks. They are extremely high risk and you are gambling that they will manage to achieve some sort of break through or discovery, depending on what type of stock they are. So wild cat drilling companies or mining companies are a good example. They have a small amount of capital which they can use to drill X amount of wells, or in the case of a mining company make a mining strike. If the capital runs out the company is bust, if they luck out then you make money.

    The same principle applies with tech companies etc.
     
  10. crimsonghost747

    crimsonghost747 Senior Investor

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    You guys should do this systematically. Set down a list of criteria that needs to be filled in order for this particular stock to be considered "reliable".

    I guess it would start something like this:
    -profitable
    -average EPS change in past 5 years needs to be positive
    -debt levels below a certain threshold etc.

    Otherwise you guys are just listing your favourites with a quick personal opinion but nothing to really define what is reliable and what isn't.
     

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