An "investor" should expect to triple his money in a decade.
A "gambler" expects to triple his money overnight.
My suggestion is to go to Yahoo Finance for an hour a day, for a month. Read the articles. Follow the links. Read about Warren Buffett and learn what he does.
I think your "expectations" are misguided.
I'm making good profit with penny stock. Check here http://trade-pennystock.checkhere.info
Many new investors are lured to the appeal of a penny stock due to the low price and potential for rapid growth which may be as high as several hundred percent in a few days. Similarly, severe loss can occur and many penny stocks lose all of their value in the long term. Accordingly, the SEC warns that penny stocks are high risk investments and new investors should be aware of the risks involved but you can even make very big money. These risks include limited liquidity, lack of financial reporting, and fraud. A penny stock is a common stock that trades for less than $5 a share. While penny stocks generally are quoted over-the-counter, such as on the OTC Bulletin Board or in the Pink Sheets, they may also trade on securities exchanges, including foreign securities exchanges. In addition, penny stocks include the securities of certain private companies with no active trading market. Although a penny stock is said to be "thinly traded," share volumes traded daily can be in the hundreds of millions for a sub-penny stock. Legitimate information on penny stock companies can be difficult to find and a stock can be easily manipulated.
yiu shouldn't be trying to guess where a stock will go based on an earnings announcement and yu never should have gambled with a penny stock (GTAT) - spent 5 seconds looking at their stock on Yahoo and saw -1.56 EPS - big red flag there and at the extreme low end of their 52 wk price range - they will probably be out of business soon
I have a share of Amazon.com stock and they greatly underperformed last quarter, which is when I decided to buy them. I read that they are supposed to have even larger net losses this quarter, a lot bigger. Which is why I would like to know if I should buy or sell before they release their earnings report. I would really like someone to help me with this who has experience, not only in the stock market, but also in Amazon stock. I recently lost about 150 dollars on a stock called gtat and I don't want to go through that again. Keep in mind that I am a young teen, and 150, or 320 dollars is a lot of money to me.
