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Tuesday, April 14, 2009

About Top Penny Stocks to Buy

By Lou Shaen

The recent economic slump has contributed to the increased popularity of penny stocks investments. There are many reasons for this increase in popularity but there is no denying the shift in investment trend. Investors are turning more to top penny stocks to buy with many options and choices available. While some may deem it as speculative in nature, it is generally viewed as a viable form of investment.

There are many criteria to consider when buying top penny stocks. Investors should conduct their personal study thoroughly before deciding to invest. Some may simply want to look at the top penny stocks to buy that are listed on the NASDAQ, NYSE and AMEX while others may want to go for new, lesser known penny stocks belonging to smaller companies.

One of the top sites to monitor top penny stocks to buy is none other than http://www.pennystock.com It is the only penny stock site recommended by Forbes and in Barron's. This site generally select top penny stocks to buy that are listed under $5. Since 1996, the site has successfully helped many make profits from their recommendations and speculations.

The list of top penny stocks to buy can be overwhelming. This is especially the case for those that are new to the stock trading game. It is vital to know how to approach and pick the best stocks especially for those who are into day trading. This is vital to generate consistent profits over 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.

One of the main variables when it comes to investors decision in picking the top penny stocks to buy is naturally the price. Depending on the price, investors will choose on the penny stocks to buy. Some may choose for higher-priced stocks in less quantities while others may opt for lower-priced stocks in big amounts. All these very much depends on individuals' preferences.

Netegrity, Visionics, Cellstar, Iomega, Nanophase, Immunomedics, Total Renal Care, Voxware, Corvas, Cytogen, Verilink and Genelabs are amongst some of the many available top penny stocks to buy. - 23210

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