How to Find High-volume Penny Stocks
Stock is a major investment vehicle that represents a unit of ownership in a company. Some stocks are available for purchase under $5 and are referred to as penny stocks. While these stocks are attractive to new investors with less money to invest, they may also present a higher liquidity risk. Liquidity refers to the ease with which investors can sell and purchase stocks in the market. In general, the higher the volume, the higher the liquidity.
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Instructions
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Go to your favorite investment research site, such as Yahoo! Finance, Google and CNBC. Most sites offer a stock screener that allows investors to select stocks based on a set of criteria.
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Each stock screener is different, but they all provide the ability to search for a stock based on stock price. You're looking for penny stocks, so your search criteria will be between $0 and $5.
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Find high-volume penny stocks by changing the stock screener parameters. Identify the field for volume. You can input a search based on the volume the stock has had on the most recent trading day. Select stocks with a volume of over 100 billion and work your way down.
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Find high-volume penny stocks by sorting the results. Leave the volume field blank. You can then sort the results in ascending order, based on volume.
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