Penny Stock Investing: Is It Safe?

A lot of serious investors might sneer at the thought of putting even the slightest bit of money into penny stock trading, but there are plenty of examples of people that struck it rich doing just that. Here are a few examples:

  • Tim Grittani – Took $1,500 and turned it into over $1m over the course of 3 years.  His prowess in the penny stock trading comes as a huge shocker to a lot of people who would think that penny stock trading isn’t lucrative at all.  Tim attributes his success in the penny stock trading game to his ability to stay patient and sell when the market is going to give you the best value. It’s a slow roll to the top.
  • Connor Bruggemann – Took a small investment he made as a bus boy at a BBQ joint and turned it into over $300,000 one summer using Etrade to primarily trade penny stocks.  This was while still in high school at the young age of 16.  Connor took a huge risk, but in the end reaped the rewards of beinga young and successful penny stock trader.
  • Timothy Sykes – After investing a good amount into penny stocks Timothy was known to have made millions by the age of 21.  Using one of his favorite tip platforms, Penny Stocks,  he ended up striking gold with a lesser known company then being built in their grandma’s garage, AGBB Manufacturing Company.

So if you were wondering weather or not trading penny stocks could land you in a mansion and shiny new Ferrari, then the answer is yes; just don’t expect it to be easy, and chances are you’ll be losing money.  For more information on Penny Stock Trading then visit our Resources Page.