Forums are a great place for traders to interact, become a part of a community and share ideas with like-minded investors. Always do your own due diligence before trading any stocks mentioned on message boards because they’re a hunting ground for penny stock promoters to lure in suckers. If you can filter out all the crap, they can be useful.
Top Penny Stock Forums
Investorshub.advfn.com
Investors Hub is the most popular free stock message board with around 500,000 registered members. There are 100’s of discussion boards that discuss topics such as OTC stocks, short selling, technical analysis, buying breakouts, marijuana companies, and blue chips. They offer free basic charts, scans and a good list of the most active sub-forums, which help you find which stocks are on the move. Be careful though, it possesses some people looking to dump worthless shares on suckers.
Reddit.com/r/pennystocks/
Known as the front page of the internet, Reddit has a network of communities based on people interests. Reddit has multiple penny stock related sub-forms but r/pennystocks is the most popular with 1.7 million members. This is a great place to discover detailed analysis on upcoming penny stocks and find funny memes. If you don’t read any insightful analysis at least you’ll get a chuckle!
TheLion.com
TheLion.com includes free stock quotes, discussion boards for individual stocks, message posting from experienced traders and chat-rooms full of profitable traders. The features that most traders find useful is the free portfolio system that lists users with the biggest trading gains overall and in the last 30 days. This gives you the chance to look at the top traders (theMagician, mamspoker, Lionmaster) portfolios, see what stocks they’re trading and study their entry/exit points. This alone offers massive insights into how profitable traders operate. This is where Paul Scolardi aka Super Trades became infamous for his ability to find low-floats with big momentum before the crowd.
Onlinetradersforum.com
OTF combines a good forum and chat-room. The site has strong daily activity and a solid community around penny stocks in particular. It offers 3 free newsletters and different resources for any kind of investor. They hold weekly stock picking contests for shares under $2 that offers users the opportunity to make money by picking the highest percentage mover (long or short). They also track /analyze stock picks from the crazy Jim Cramer, share investing ideas and create video lessons around subjects like how to trade IPOs. OTF is well moderated by admin Thierry Martin but be aware of posters pumping stocks who obviously have hidden motives.
Stockhideout.com
Doesn’t have a forum but has a free chatroom. I’d avoid using their website mainly because it’s owned by a group of unethical promoters who in the past have pumped stocks aggressively using buzzwords like “this stock is going to the moon” and “XYZ is gonna be a six-bagger”. They produce some great content for newbies but just stay away from their alerts because they’re gonna crash and burn.
Siliconinvestor.com
Silicon Investor was established in 1995 making it one of the oldest forums. At its peak the website received 4 million hits per day during the Dotcom bubble and since then the site’s user base has declined significantly. Despite this, it’s still a great social network for traders to discover ideas in sectors such as technology, biotech, and gold/energy mining companies. Fun fact – SiliconInvestor.com was actually where infamous stock picking sensation “Tokyo Joe” captivated a loyal following. His posting style largely attributed to the success of the website, although he was later fined by the SEC for not legally disclosing positions he held in stocks. Other prominent posters included investment fund managers, Michael Burry and Daniel S. Loeb.
Stockaholics.net
Formerly known as Hot Stock Market, they rebranded to Stockaholics a year ago. Originally started in 1998 and over the years developed a reputation as a great message board for those dedicated to small cap investing. Stockaholics daily activity right now is quite weak in comparison to competitors but they still provide useful stock market commentary and offer free educational tools to entice users.
RagingBull.com
Raging Bull is no longer a forum and instead now charges members for stock picking services from Jason Bond, Jeff Bishop, Jeff Williams, and Kyle Dennis.
James Kelly is my name and penny stocks are my game! Former day trader turned long-term investor with a decade of experience in the market. Over the years, I’ve joined dozens of trading services and I aim to provide honest reviews to help traders make better decisions!
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