Even the Best Penny Stocks Recommendations Require Research

Even if you are you are subscribed to the best penny stocks recommendations service, analyzed by an expert trader you still need to perform some due diligence of you own.

Here are some basic functions you can perform free to research your penny stock recommendations:

Using Google Finance to Research Penny Stocks and Currencies

Since you are on this site, I assume you know how to search in Google. Google Finance has several useful services for stock traders and investors. Google Finance is free and a good backup for you penny stocks recommendations service (assuming you want to save time and not spend your days digging to find the best penny stocks to invest in.

The first step is to check out Google Finance:

Google Finance provides a stock screener for all exchanges

Google Finance provides a stock screener for all exchanges – AMEX, NASDAQ, and NYCE but does not cover Penny Stock Pink Sheets (the “pinks”) or the Over the Counter Bulletin Board(OTC BB). You may be thinking this is a useless resource for penny stock research, however Google Finance does provide quotes, prices, and all other relevant info for penny stocks as well. You will still find some very cheap stocks on the major exchanges and can use these tools. Create a stock portfolio so you can track the stocks you like easily

To research stocks to buy, click on Stock Screener located next to the search box. You will get the default search criteria, but you can customize them really easily.

Read my post about how to use Google Finance to research penny stocks

How to Get Free Penny Stock Information from Google Reader

How to Create a Google Reader Stock Ticker Alert

Google Reader allows you to define a source RSS feed as an input and receive all the new post from within that feed directly to one place – your Google Reader account.

To utilize this free online penny stock research resource, simply:

1. Open a Google Reader Account
2. Create an alert per site stock ticker symbol you would like to follow.
3. Add a subscription for your penny stock symbol that you received from your penny stocks recommendations service.

For example to define an alert for the Penny Stock LJYN you would do the following:  Add a Subscription to your Penny stock symbol;

You will receive a list of possible feeds to subscribe to.  Simply click on the subscribe button next to each feed you would like to add into your Google Reader. This will allow you to see in real time all the information that is published on the Internet regarding the Penny Stock you are watching.

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