Re: Penny stock investing?
Very tough to win in this area - I recommend BRSIX if you want to play in the micro area - not a penny stock fund though
You will face a few problems if you do:
1) trying to pick a winner - one product or one client sort of thing, never know if it will really take off
2) liquidity - thinly traded stocks so you may not be able to get in and out when you want to
3) bid-ask - spread between the 2 is huge
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"