When it comes to trading penny stocks having all the right tools can mean all the difference in trading penny stocks successfully. Below I compiled 8 penny stock tools that every pennystocker should use.
MicrocapMarkets.com a great site for daily penny stock information nasdaq > 5, otcbb’s, and pink sheets. Some features include: Most actively traded penny stocks, news coverage (like mergers, earnings, etc.), Biggest % gainers as well as % losers, biggest volume penny stocks, plus much more. If you sign up for their free market report you can have all this information sent to you daily @ 4pm to help you prepare for the next trading day.
Pinksheets.com a informal site that provides quotes & news, market activity (share volume, higest/lowest # of trades, advances & declines), and you can search for pinksheet companies. Overall a nice site..if pinksheets are your thing.
Yahoo Finance a great website for looking up a specific penny stock you’re trading or want to trade. You can find news, earnings, company profiles, etc. Word of warning though, do not listen to what is being said on the message board for your specific penny stock!
StockCharts.com personally I think they offer some the best stock charts out there. I’ve been using them for quite some time and they have everything you need. They also offer a screener with predefined scans that is defintely something to brag about. Basic free service is all one really needs, but they do offer premium charts. Check out PennyStocker’s Public Chart List that I have there.
StockFetcher.com this is my #1 screener that I use to find my hot penny stock picks. The screens go above and beyond what you could imagine with every variable you could think of. This is the best penny stock screener there is bar none. I even give out one of my exact scans I use in stockfetcher inside my FREE eBook.
Yahoo Screener a basic screener offered by yahoo that is practical to find penny stocks. I’d reccomend stockfetcher over this screener, but if you have a thing for yahoo, go for it. Can’t go wrong.
BarChart.com another solid site with a information based/stock screener built in. Instead of you putting in your own parameters bar chart gives them for you like 52 week highs/lows, top 100 stocks, volume leaders, price advances/declines, etc. A great site here for any penny stock trader.
DDMachine a fantasic site to do your own due diligence. DDMachine combines alot of the above sites into one. A Definitely must visit site for anyone trading penny stocks.
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