Whether you want to invest in penny stocks or just find a few to buy and sell the same day, your strategy matters. Understanding how to trade, manage risk, and implement said strategy goes hand-in-hand with this. So, where should you begin? Today’s article looks at a handful of cheap stocks to buy according to the “Follow The Money” strategy.
What is the “Follow The Money” strategy? This type of investment approach involves following big money trades in public companies. For this article, we’ll cover penny stocks with insider buying. But, in general, the Follow The Money strategy can include hedge funds and significant shareholders of any company. The first place to look to follow the money is in SEC filings. Here are a few of the types to look at and what they tell you as an investor.
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