What are things to look for in a penny stock that will tell me that a penny stock has potential? I know that penny stocks are risky, but i'm willing to take the risks. thanks
Go to pinksheets.com, it will help you identify them. After that research the company, look at their revenue vs. costs, outstanding shares vs. available shares, also look at the history of the stock. As you mentioned, penny stocks are very risky but also can be very lucrative. I like to research my stocks on finance.yahoo.com.