If we look at Indian stock market which is performing well and has doubled since its low in March 2009. Since the companies that are the subject of penny stock tips should be investigated prior to trading, it is important to know where to find information about penny stock companies on the Internet. Before I provide the websites and forums where most penny stock traders share their stock tips and information, a word of warning about penny stock trading is necessary (if you are only interested in where to find penny stock tips on the Internet, then skip to the next section). For every 1,000% penny stock gainer, there are tens of penny stocks that lose value, sometimes significantly and very quickly, as they are diluted into oblivion.
These precarious situations often lead penny stock companies to dilute the number of shares available to trade by authorizing additional shares and selling them into the open market, which is colloquially known as printing shares”. Compounding this situation is the fact that information about the inner workings of penny stock companies is often difficult to come by since many of these companies are not under Security and Exchange Commission (SEC) requirements to disclose company information, due to their small size.
Keep in mind that the owners of the companies that penny stocks represent hold all the cards in the penny stock trading game, since they are almost always majority owners and fully control the actions of the companies and boards or directors. They make the decisions about selling additional penny stock shares into the market that may benefit themselves and other company insiders, but hurt those that hold penny stock shares.
Now that I have gotten the important warning about trading penny stocks out of the way, I can move on to the reason why I wrote this article, which is to share sources for penny stock tips on the Internet. Although there are numerous websites and places on the Internet where penny stocks are discussed, it is well known amongst penny stock traders that there is one dominant website where penny stock traders discuss their penny stock tips, information, and strategies.
That website is Investors Hub ( ). Investors Hub offers general penny stock trading boards that are an excellent source for penny stock tips. These boards quickly allow one to determine which pennystocks are currently trading actively and are a source for tips on penny stocks that may have upcoming news or material developments that could cause increased interest in the stocks in the future (see my list of these general penny stock trading boards at the end of this section). It is usually a good idea to avoid penny stock tips that are received via e-mail.