Investing in penny stocks

It takes money to make money. Look at it like gambling and decide how much you can afford to lose and not care - also keep in mind that initiating trades costs anywhere from $9 to about $15. In my life, I doubled, almost tripled my investment by using what I know about the rules of capitalism. We are headed into a republican economy, so decide how much you can afford to invest and look for well established companies that will thrive under a republican economy (think energy plants and oil, not environmental companies). Precious metals and pharmaceuticals are also good standard stocks to have, especially when the real estate market tanks. It doesn't matter how many shares of a company you own to start. Another thing you might not know is that banks and gas/electric companies pay quarterly dividends and you can use the income to buy more shares.

My only suggestion is be prepared to lose all the money you invest. Make sure that you don't need the money you invest and never expect a return. In fact it's probably best to assume you will never see the money again.
I hope this makes sense. Get as much info on the companies you choose to invest in.
I once had so much money I bought stocks just because they looked interesting. I lost a sooo much money because I had no idea what I was doing. I just had dollar signs in my head. It is WORK to make good choices regarding stocks.

Low cost index funds are your best bet.

You must be shapeless, formless, like the market. Become the market my friend.