Picking High Volume Penny Stocks

Figuring out how to find the best stocks to invest in is quite easy. Penny stock picks are lists of penny stocks that companies think will be going up in the next few hours, to few months. A great example of this is www.pennystockpile.com, a free forum and stock picks website. Aside from paying companies to do research for you, we'll give you a couple tips on how to do it yourself quickly and effectively. The first place to start is something called a filter. Other people may refer to them as stock screeners. The best one for searching out the penny stocks is www.globeinvestor.com. You can see at the top the link for the filter. Click that link. Next you'll want to set the filter to find affordable stocks that have a lot of volume, this is the key. It's fine to invest in a stock that has low volume, but it will be much more difficult to sell the shares once you've made profits, and even worse, if you have to get out due to losses, you might not be able too. If you're looking for penny stocks, set the filter to look fro all industries, all securities but the exchange should be OTCBB. The otcbb is a listing of over the counter stocks that are usually under 5 dollars, some will be much higher but most will be from one hundredth of a cent per share and up. Next, set the price greater than $0 that way it will find everything in the 1 cent to 1 dollar range as well. Change the report type to "Price Report - Quotes". Once the list has been built, simply click on the "VOLUME" link at the top of the report. It will organize the list by highest volume.