There are a lot of forums for stock picks out there. In fact, there are a lot of good ones. The problem is that it can be hard to tell which ones are good out of the hundreds or thousands out there. We rarely recommend another site as we feel we provide adequate service but in the case of penny stock forums we can certainly make a great recommendation.

Go check out http://www.thehotpennystocks.com/

This forum seems to be well run and regulated. Of course you will always have people who simply want to pump and dump stocks but there are also people who are genuinely interested in helping others. Penny stock forums can be a great place to collaborate and communicate.

As always be safe and double check anyone’s stock recommendations and use common sense to decide if they are using the forum as a way to make money off of you. Usually, not always, if a stock is hot then you will have several different people chiming in on it and recommending it. Of course, this can also be a group of people working together to make a stock go up. So be careful about that as well.