Can you make money off penny stocks? looking for explosive growth

Can you make money off penny stocks? I know a lot of investors on this forum make huge profits from penny stocks and was wondering if they could share their insights and experience. I have 1000 dollars I want to invest in penny stocks with the aim of explosive growth. I know penny stocks can skyrocket and surge so I really want to grow my money. I have some experience in fundamental and technical analysis and am prepared to allocate some time to understand penny stock investing. What I really wanted to know is can you make money off penny stocks and if so can you point me in the right direction?

Penny stocks are very risky but you can make money off Penny Stocks. I have lost a lot of money on Penny Stocks but I have made stellar profits on some Penny Stocks which have gone up by more than 2000% in a short space of time. What you have to understand is you will hit a home run once in a while so its important to understand why Penny Stocks go up so much.

To make big profits on Penny Stocks you need to analyse the company in depth and think about whether the company has a future. What I look for in penny stocks are (1) Solid Balance Sheet (2) Consistent Profits (3) An Expectation that is likely to materialize. The expectation could be a big contract or a acquisition. The Video below is great if you're looking for inspiration on trading penny stocks to triple your money.

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