Tips in picking Penny Stocks (Small Caps)

[MoneyMaker]

Like the name suggests, Small Caps are cheap securities , alot of beginners like it, so I will be giving simple steps.

1. Small caps are all cheap, so dont make the choice upon the price as a start, leave it to the last step.
The most dangerous are the very cheap ones, like the 1$ stocks, because that is abused and most has no future at all.

2. For daytraders, only a few can make much profit out of this, wait for half of the day to get a good idea of the stock, id its going down, make a bottom estimation and buy it at that bottom, that way even if you lose you only lose so little.

3. Usually companies that has been around for a couple of years have more creditability in the "staying" field.

4. Scan the recent gains, multiple times a day, to make a complete over view of this, but take in mind that you are not the only one who is noticing this.