
When you get all of the stocks you can either organize them by price or organize them by percent change. I usually look at the 52week change and look for a negative number but then positive numbers in more recent weeks. This lets me know that the stock actually moves and just doesn't sit there. Once you find an interesting stock there you can get the symbol and put it into Google Finance.
Google Finance offers much nicer and also easier charts that you can look at. One of the main aspects I like to look at when looking at the charts are spikes. Does this company spike a lot are they have random spikes or do they all spike they same. We want variety. Don't worry if the stock was at one point worth over $200 and now is worth $0.0003 or something. We are looking for potential money making stocks not future Fortune 500 stocks, that is for another day.
Points of interest to us:
Does the Company have a website?
This may sound funny but take a look at the website make sure it exists and looks professional. This means a lot when investing in a company. Why would you want to put your money into a company where there site looks like a 4th Grader made the website or even worse the website doesn't even exist. So website impressions are VERY IMPORTANT.
Does this Company have a main location?
Look at the specs in Google Finance, they will tell you all the information about the company. Make sure it actually has a real address and if you want to verify this copy and paste the address into google and map it.
Read User Reviews!
For these penny stocks you want to read the reviews, not the positive ones that tell everyone to buy but the negative ones. Look for key words such as pump n dump, thiefs, want to report, keep away. That is usually a sign that the company just takes your money by restructuring there company into a different company and then reverse splits the stocks many times till it wastes away all your money.
So you found your stock after all you research and you want to know how many stocks you should buy. How many stocks are enough? The simple answer is as many as you can afford, but also as much money as you can afford to lose.
You can make money from as few as 40 stocks or 240 stocks or 1,000's of stocks. I have had success with them all. But sometimes you just have to choose and be lucky if you only have a few stocks. If the company is not well known and you had to dig deep for it I would suggest a MAX amount of $150 if you are new. But $40 would be the best bet. I started all my investing with $40 turned it into $400 in a month. The I took the $400 I made and Invested in Ford and made $1200. Then I kept investing that money. That doesn't even include the other money I have put in here and there.
Just know the more stocks you own the better the chance of making money. These micro penny stocks go up and down 50% 100% a day. So you put in $40 you could double your investment the first day. That's why they are fast money makers. But people who say money doesn't come easy are right also, on the flip side you could go down 50% the first day. If any of this happens hold onto it and wait it out.
