Penny shares

eagleboy1234
eagleboy1234 Posts: 1 Newbie
in Boost your income
Hi. Has anyone had any experience in trading penny shares. I don’t want to invest thousands but merely to have a bit of fun and maybe make some money but don’t know where to start or which sites to research. Any help would be gratefully received!

Comments

  • Browntoa
    Browntoa Posts: 49,298 Forumite
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    Penny shares are that price for a reason . The only possible chance you have of making any money is with inside knowledge of a HUGE development for the company or you have done your own research and found something.

    Any website offering "insider" knowledge is also offering the same data to thousands of others or promoting stock they hold.
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  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
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    edited 20 May 2018 at 2:06PM
    Very occasional buy penny halfpenny for Pendragon shares a good few years ago .
    Rumour was that they where about to lose a few franchises .
    It did not happen and share price went upwards six months or so later .
    Key is are you 100% willing to lose your stake .


    What i would say is penny shares and penny shares tipsters have been around for a long long time .
  • Browntoa
    Browntoa Posts: 49,298 Forumite
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    Never been back since posting .... another one of those thread's
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  • soolin
    soolin Posts: 72,184 Ambassador
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    Browntoa wrote: »
    Never been back since posting .... another one of those thread's

    I suspect so
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
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