Josiah

Also, one more thing, volume. Make sure, since you are starting out, that the stock you invest in has an average volume of around 1 million shares. This way you are ensuring that if you take a "hit" you will be able to liquidate your position. Good luck!

This not a thread on posting tips, I repeat this is not a thread on posting tips. Also, I am not trying to solicit any recommendations as I already have a position in this stock. That being said, yesterday Sun Microsystems, SUNW, posted a Net gain of $67 million compared to loss of $217 million a year ago. Yet because they missed analysts sales expectations their stock dropped 11%. See article Sun shares drop 11% on weak sales, forecast - MarketWatch Do you think analysts were unfounded in decreasing their valuation, are they doing this to intentionally drive down the price so they can pick up cheap shares, or do you think the analysts were right on the money? Also, what do you think about FOREX trading? I have a practice account and the idea of trading $100,000 on margin does not seem very thrilling.

The moderators are well founded in preventing "tips", as they say facts are better than tips. The point is that going the penny stock route is like going into a life of crime, you'll always going to have to "watch your back" (i.e. monitor stocks constantly), and "trust no one" (i.e. these stocks are quite volatile). That being said, if you have money to lose I reiterate "money to lose" invest in stocks traded on the Nasd owned OTCBB (http://www.otcbb.com). Invest only in stocks that provide timely sec filings. Also watch out for the fifth letter, example dalrq (the q means they are in bankruptcy). Here is a link on fifth letter designations: Fifth Character Identifiers . If you want to make money make sure you always, I repeat always, look at the financials (financial statements) before you buy a penny stock. If you are just blindly speculating on stocks it's like playing the lottery.