The holdings are in two mutual funds and four stocks. The stocks are almost wiped out but the funds are down 50%. Would trading in penny stocks help in the short term. Any suggestions on specific stocks
I don't usually look at penny stocks, but since crude oil started going back up, I did in the energy sector
Speculative oil penny stocks that are moving back up similar to crude oil:
US Markets:
BQI – Oil Sands
GST – Gastar Exploration
IVAN – Ivanhoe Energy
UK markets:
BOR – Borders &
HAWK – Nighthawk
I assume you use stop losses and candlestick charts. Make sure you calculate how much of $4K you want to risk.
Just try these then get back to the blue chips.