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Tuesday, April 14, 2009

About Top Penny Stocks to Buy

By Lou Shaen

Penny stocks is one of the more popular choices for investors especially during the current economic slump. The reasons are aplenty but the shift in the trend of investors are significant and obvious. The need for top penny stocks to buy has never been greater than it is and the options are aplenty. Although 'speculative' in nature, it is still termed as a form of investment.

Prior to the investments, individuals need to consider many factors. Studies should be conducted on the market trends before the actual investment. While many only prefer to monitor the top penny stocks to buy that are traded on NASDAQ, NYSE and AMEX, other investors tend to go for smaller, cheaper penny stocks of relatively unknown smaller companies.

While there are many reliable sites to recommend top penny stocks to buy, www.pennystock.com is seen as one of the more popular sites when it comes to top penny stocks and the only one to be featured in Barron's and recommended by Forbes. The above mentioned site generally selects the top penny stocks to buy that are priced under $5. Since its inception in 1996, the site has successfully assisted many in making profits in their investments from speculations and recommendations.

For the uninitiated and those who are infamiliar with the top penny stocks to buy, the list can be intimidating and overwhelming at the same time. It is essential for investors to know when and how to approach the best penny stocks. This is especially more so for those who are into day-trading. This will enable them to generate a steady flow of profit in a short period of time.

Although it may seem to be the very thing to do to trade in hot penny stocks, it may not necessarily have to be that way all the time. The key is knowing when the top penny stocks to buy and taking the best opportunities either in short or long term; knowing when to buy and release them just as they are poised to crumble.

For those that require assistance in their investments, experts in the financial industry in general and even penny stock experts are able to provide useful tips, advice and recommendations on the top penny stocks to buy. These penny stocks possess their own strengths and appealing factors. Being able to tell the difference between the genuine professionals and the cons will be able to help one avoid being duped into parting with their hard-earned cash.

Price is often seen as the main variables when determining the top penny stocks to buy. Investors will invest based on the prices of the penny stocks. Deoending on personal preferences, some may opt for the pricer stocks while others will invest in lower-priced stocks in larger volumes.

Among some of the noted top penny stocks that have been traded in the past are Netegrity, Visionics, Cellstar, Iomega, Nanophase, Immunomedics, Total Renal Care, Voxware, Corvas, Cytogen, Verilink and Genelabs amongst the many others. These companies should no doubt be identifiable by you and the general public as they are some of the top penny stocks to buy. - 23212

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