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Hot Penny stocks - Knowing A Hot Penny Stock Tips And Stock Picking Advice



When you are being confronted by a friend or maybe a relative with a penny stocks market tip, it’s very easy to be lured by the instant wealth on offer. Unfortunately most hot tips fail to perform and leave the investor with money tied up in a penny stock that is going nowhere or worse still, going down. And thus, an easy way to determine whether a hot penny stocks share is worth buying is by having a quick look at its price chart and stock price charts which are widely available on the internet. You can google anytime and anywhere from there.

On the other hand, another quick measure worth considering is to check whether the subject of a hot market tip is currently trading above its medium term moving average. This will let the investor know whether the penny stock price is better or worse than its average over the last periods of time.