You have to consider that a common belief is that a stock that trades at or below 5.00 a share is considered a penny stock, and quite a few big board stocks started out as pennies using this as a starting point.

Not sure limiting yourself to coal due to the consumption of it by China is such a good play either for that matter. Sectors rotate from being hot to being cold. Like for the first quarter of this year drug and biotech stock were really in vogue and good money was to be had investing in those with drugs or patents in the pipeline or in the final stages of clinical trials awaiting FDA approval.

With the start of the Quarter reporting season now getting in to gear it is starting to look like the business sector may be comming into play. One place to get an idea of how things are moving you may want to check out this http://www2.barchart.com/sigstr.asp.

Anyway welcome aboard kingsleymok and good luck with your trading, just remember a homerun is not hit at every at bat but single and doubles due make for a winning score.

Disq

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The only bad question on investing in the stock market is the one that is not asked.