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Paradigm Capital Management - Good Penny Stocks to Watch

Good penny stocks are always out there but the trouble is that as a small-time investor it can sometimes be difficult to find the best penny stocks to watch on a consistent basis. Every penny stock trader is looking for that next hot list that includes the best penny stocks to watch and the ones that may double or triple in value overnight. Good penny stocks are the ones that can make you money and that means you don't necessarily have to find the next hot penny stock that jumps a thousand percent in two days, and rather you only need to find penny stocks that can make you a profit over time.

So the game is to try and find stocks that can rise in value, this is obvious, the tough part is finding a way to identify such penny stocks on a regular basis, and every trader has a different way of doing this. There are a number of ways you can go about finding good penny stocks and these are just some of the more popular ways.

The first we at Paradigm Capital Management suggest is revolve around surveying all of the most popular penny stock blogs and websites. You'd be surprised by just how much you can learn by going onto some of these free websites, and depending on the quality of the site you may be able to ask the author questions and gain an interactive experience.

If you cannot find enough information by going to these kinds of websites then it may be wise to try and subscribe to any one of the many penny stock newsletters that are available. You need to be careful with these newsletters though because many times they are fraught with bad information and miscalculated stock picks so make sure to perform your due diligence on any particular pick or recommendation and you should be all right.

You should also consider asking other traders about their penny stock to watch list and whether they are having any success with it or not. It is also a smart move to consult the professionals like those at Paradigm Capital Management that may be involved within the penny stock industry about what they think are some of the hot picks as many times you can come across some valuable information via this method. Keep researching as hard as you can and don't hesitate to take action if you think you have found a good penny stock pick.