Penny Stock Forums

Where is all the hype? Penny stock forums...

-To maximize your potential of buying a stock that will move, you need to find out what others are trading. The stocks that are hyped up on penny stock forums are usually the ones that the masses buy into. The more buying, the more it will move. This is part of how hot penny stocks "get hot". Simple, right?

To find out what others are doing, you can check out, and become a member to, several different online forums or discussion boards. These are home to thousands of traders discussing a multitude of subjects. By spending a few months actively exploring and reading the forums, you can also expand your working knowledge of penny stock trading by an enormous amount.

While there are many posters on these boards who you absolutely should not trust or listen to, there are also a lot of good, informative, and successful traders, that are willing to share their advice and stories. Eventually, with a little common sense, you will be better able to differentiate between the good and the bad. Below is a listing of popular online penny stock forums and boards with a short description and our opinion.

Investor's Hub (iHub) - Very popular - highly recommended

StockHideout.com - Penny stocks, picks, live chat - recommended

Hot Stock Market - Large following and forum - recommended

The Motley Fool - Numerous topics but no free posting - your choice

Silicon Investor - Like IHub but smaller "penny crowd"- your choice

Yahoo! Stock Groups - Limited content and access - your choice

Raging Bull - Not the best online crowd - NOT recommended

What's Next?

So now you know how to find hot penny stocks, and "diamonds", now what? Now it is time to come up with a strategy that will help you secure a profit while simultaneously reducing the risk. Please continue...