Buying penny stocks can lead to a big payday when you make the right choice. But the odds against success are high. Penny stocks are almost always involved in riskier ventures, such as finding mineral deposits that can be mined at a profit, commercializing unproven technologies or launching new software.

What’s more, it’s much easier to launch and promote a stock …read more »

Yellow Media $0.22, symbol YLO on Toronto (formerly Yellow Pages Income Fund) has collapsed from around $6 at the start of this year to pennies, and has quit paying dividends.

When Yellow Media first sold units to the public in 2003, many investors thought Yellow was a well-established company. In fact, it was more like an unwanted, over-the-hill business. In our …read more »

Members of our Inner Circle service ask for our advice on a wide range of investments from buying penny stocks to investing in shares of large, multinational companies.

For example, an Inner Circle member interested in buying penny stocks recently asked our advice on North American Tungsten. The company’s projects are located in the Northwest Territories and Yukon Territory. Tungsten is …read more »

Members of our Inner Circle service often ask for our advice on stocks they are thinking of buying that we don’t cover in our newsletters. These companies range from large multinational companies to the most speculative penny stocks.

For example, an Inner Circle member recently asked our advice on Gippsland Resources. The Australia-based penny stock’s two main properties are both located …read more »

CRITICALCONTROL SOLUTIONS CORP. $0.78 (Toronto symbol CCZ; TSINetwork Rating: Speculative) (1-877-215-5883; www.criticalcontrol.com; Shares outstanding: 46.6 million; Market cap: $36.4 million; No dividends) sells software and services that help businesses better manage, access and store their information.

CriticalControl gets about 60% of its revenue from clients in the oil and gas industry, followed by government (20%), health care (10%) and finance …read more »

Investing is different from many other pursuits in one crucial way: doing the wrong thing as an investor can actually make money for you, but only temporarily.

Buying low-quality Canadian penny stocks is a mistake that many investors make. Some get hooked on it, since low-quality stocks can be highly profitable over short periods. That’s because they are generally more volatile …read more »

Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific advice on the fundamentals of successful investing. Each Investor Toolkit update gives you a fundamental tip and shows you how you can put it into practice right away.

Today’s tip: “Beware of companies …read more »

When you join my Inner Circle service, you get to ask me your own personal investment questions, plus you get to see what other Inner Circle members have asked, along with our answers.

Recently, we received a member question about Cobra Oil & Gas Co. (the company has since changed its name to Viper Resources Inc., symbol VPRS on the …read more »

We had to analyze hundreds of penny mines to find three buys. That’s because we weigh pennies against many risk factors, including these:

1. Political stability. Penny investing is risky enough without the threat of expropriation or onerous taxes.

2. Cash reserves. If pennies need to sell shares at low prices, it dilutes the interests of existing investors.

3. A strong balance sheet …read more »

Canadian penny stocks tend to be more speculative than better-established firms. That’s because they’re usually involved in riskier ventures, such as finding mineral deposits that can be mined at a profit, commercializing unproven technologies, or launching new software.

Because success is so rare in these endeavours, it’s all the more important to focus on investment quality when you’re looking for the …read more »