How can I learn more about a penny stock I have in my schwab account?

I am somewhat of a novice investor, but I purchased a penny stock and I am trying to understand why yahoo! will only show 5 days of trading history when I have clearly owned the stock for 5 weeks. Google will not even recognize the ticker symbol, and schwab shows limited history as well. I tried asking this once and it got deleted, someone please help!

Responses:

You should have asked the question and received the answers before you purchased. Even penny stocks can break you if you fail to research. Make today the day you decide to become an informed investor and do it from now on like a pro. Money is crucial and you need not lose it being under informed
Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it. tutorialforyou.net / investing / wish it will help you
Penny stocks, or pink sheet stocks, are so thinly traded, that they are not tracked by schwab, thestreet.com, bloomberg, etc. so you can not get the information as readily as you can larger, more established companies. You can call Schwab and ask your broker for an update. You can also go on the company website and see if there is any investor information. Before you buy a stock, you should look at the financials of the company. If you do not have that information, ask the company for it. Tell them you are an investor, and you want the company financials, quarterlies, updates, etc. - to be added to their mailing list. On some company websites, you can actually sign up to receive investor information by email. If it is a very new, small company, that may not be available to you via email. Good luck! Hope you have a winner. Those penny stocks are very difficult - it's not like buying Google - where you can find everything at your fingertips!
Penny stocks are really not investments buying them is like buying a ticket to a. Often they are sold by high pressure salesmen to those that are not sophisticated investors. An honest broker would not usually put a novice in penny stocks. My advice is to dump your penny stocks and broker and get into more main stream investements and educate yourself so you can protect your investments
I KNOW there are other sites to find out about and research stocks. Here are a couple: microsoftmoney; cnnmoney. IF you can not find any info on these, I suggest you go to that penny stock's web site. I know hindsight is always 20 / 20, but here's some advice: UNTIL you get ALL the answers to ALL your questions, do not buy anything. Here are a few trading expressions: "There are no gifts on Wall Street. " "Plan the trade. Trade the plan. " "V. I. C. P. I. E. : Volume Is the Cause; Price Is the Effect. " "Bulls make money. Bears make money. Pigs get fat. Hogs greedy traders get slaughtered. " "I am trading people. I am not trading stocks, bonds, options, currency, commodities or any other security or equity. " There are many, many others. I wish you well! VTY, Ron B

Tags: plan, novice, educate, greedy, google

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