My investments 10k have been reduced to 4k. How can I grow it back in the short term. Penny stocks?

The holdings are in two mutual funds and four stocks. The stocks are almost wiped out but the funds are down 50%. Would trading in penny stocks help in the short term. Any suggestions on specific stocks

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This entry was posted on Thursday, May 6th, 2010 at 7:04 am and is filed under Penny Stocks Q and A. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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7 Responses to “My investments 10k have been reduced to 4k. How can I grow it back in the short term. Penny stocks?”

  1. Space Invader101 Says:
    May 6th, 2010 at 7:05 am

    I don’t usually look at penny stocks, but since crude oil started going back up, I did in the energy sector

    Speculative oil penny stocks that are moving back up similar to crude oil:
    US Markets:
    BQI – Oil Sands
    GST – Gastar Exploration
    IVAN – Ivanhoe Energy

    UK markets:
    BOR – Borders &
    HAWK – Nighthawk

    I assume you use stop losses and candlestick charts. Make sure you calculate how much of $4K you want to risk.

    Just try these then get back to the blue chips.

  2. scottsmylie Says:
    May 6th, 2010 at 7:05 am

    You are probably better off holding where you are but penny stocks can go either way. If you have to ask this question on Yahoo finance you probably should not be in penny stocks. However, I do like MCZ.

  3. Kay Says:
    May 6th, 2010 at 7:05 am

    The penny stocks would be more risky. Don’t pour more money into the market. Rotate your current stock holdings into stocks (companies) which have good yield (dividends) and have a better chance of rebounding in comparison to what you own.

  4. src50 Says:
    May 6th, 2010 at 7:05 am

    Penny stocks are risky – basically just gambling. You can’t grow it back "in the short term."

  5. Luke Says:
    May 6th, 2010 at 7:05 am

    Getting anything back short term is a gamble your best to share out your stocks and look to the future.
    http://www.lukemoseley.info/forex.html

  6. options A to Z.com Says:
    May 6th, 2010 at 7:05 am

    Penny stocks are not the answer. While you may be able to buy a lot of shares, that is not what drives the returns. It is the return on investment that matters. Whether you put $4,000 into one share or thousands of shares, your return depends on how the stock performed. A $4k investement is a $4k investment regardless of the number of shares.

    You’re better off focusing on the company performance rather than the number of shares you can purchase.

  7. Serious M Says:
    May 6th, 2010 at 7:05 am

    if you are serious to invest, you can search HSFX Asset Management in google engine and start making consistent return!

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