Penny Stocks 1.52

Financept – Freeware – Android
out of 7193 votes

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The Penny Stocks App for Android is a useful tool for finding hot penny stock ideas and identifying top penny stocks of the day. It provides a penny stock screener that allows traders to easily identify the biggest gainers and losers, specifically those priced under $1, $2, and $5. However, it is important to note that this app does not provide recommendations on which penny stocks to buy; instead, it serves as a platform to monitor and track stocks of interest.

The app focuses on penny stocks trading on the NYSE, AMEX, and NASDAQ, excluding those listed on the OTCBB. Users have the option to filter stocks based on their price and volume criteria. The app displays the most active penny stocks each day along with relevant news and charts utilizing data from Finviz.

It is important to mention that the Penny Stocks App uses end-of-day data instead of live data. The information is updated daily at 6:30 PM EST. Please keep in mind that this is not a penny stock alert app; it does not send stock alerts to users. Instead, it is designed for research purposes, allowing users to manually add stocks to their watchlist for further analysis.

It is crucial to acknowledge that penny stocks carry inherent risks due to their volatility. While substantial profits can be made by trading penny stocks correctly, it is important to exercise caution. For instance, a $2 stock can more easily double in value to $4 compared to a $200 stock reaching $400. However, there is also a higher risk of losing money as these stocks can be highly unpredictable; a stock purchased at $2 could just as easily go bankrupt.

It is important to note that our Penny Stock App does not endorse or suggest any particular securities presented in the searches or filters. The information provided is strictly for informational and research purposes. We do not recommend specific securities or take responsibility for errors or delays in the data. Users are advised to conduct their own research, practice due diligence, and seek professional advice before making investment decisions. Our Penny Stock App will not be held liable for any loss or damage incurred due to reliance on information obtained from the app.

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