Description

r/Pennystocks is a subreddit with a Discord server where millions of investors worldwide gather to discuss penny stocks and personal finance.

The subreddit is a great place to find other like-minded investors to bounce off ideas. It includes several flairs to categorize posts, such as "Meme", "General Discussion", "Question", "Technical Analysis", "Stock Info", and more. Additionally, there are regular megathreads such as "Daily Plays" and "Newbie Sunday".

Moreover, you can participate in monthly Prediction Tournaments. Here, moderators ask questions about a specific stock and members use tokens to answer predicting the outcome. Winners will appear on a leaderboard and win a certain amount of tokens, corresponding to their initial bet (betting more tokens involves a higher potential reward).

On the other hand, you can also participate in the community's Discord server. Inside, members are able to chat in real-time with other investors and get answers to their questions. There are channels to discuss all things penny stocks, general stocks, trading, and personal finance. Additionally, members enjoy other channels to share memes, hobbies, and off-topic conversations.

Lastly, the subreddit includes useful information such as a wiki and several FAQs and guides. The Discord server also has #resources and #faq channels for members to find links to relevant resources and tools.

Details
  • Membership: Free Community
  • Year Founded: 2008
  • Amount of members: 1,900,000
  • Online Group: Yes
  • Job board: No
  • Language: English
  • Method: Virtual
Benefits

Learn about penny stocks:
The r/Pennystocks community is a great place to learn about penny stocks, general stocks, trading, and personal finance. Members participate in lively discussions, request advice from others, and share their plays.

Connect with other investors:
Both the community's subreddit and Discord server are awesome to connect with like-minded investors worldwide. Members bond with each other by sharing memes, hobbies, and off-topic conversations.

Get useful resources:
You can find useful information in the community's wiki, FAQs, and guides. Additionally, the Discord server also includes #resources and #faq channels for members to find helpful resources.

Categories
Requirements

No requirements.

Place
Meetings

Inside the subreddit, members enjoy regular threads, such as Daily Plays and Newbie Sunday. On Daily Plays, users share their daily plays including at least a $TICKER (in that format). On the other hand, Newbie Sunday is for beginners investors to ask basic questions.

Networking Events

Members of r/Pennystocks interact mostly on the subreddit. Inside, members share memes but also enjoy lively discussions on penny stocks. There are several flairs to categorize and organize threads, such as "Meme", "General Discussion", "OTC", "DD", "Technical Analysis", "Stock Info", "Question", and more.

Additionally, moderators of the subreddit organize monthly Prediction Tournaments. Here, moderators ask a question about a specific penny stock and users can predict the outcome. Winners will appear on a leaderboard and win tokens (the amount will depend on how many tokens you bet).

On the other hand, you can chat in real-time with r/Pennystocks members by joining the community's Discord server. It includes diverse channels to discuss penny stocks, general stocks, trading, and personal finance. Additionally, there are several off-topic channels, where members share personal interests (games, music, cooking, football, philanthropy, politics, and more).

Overall, both the subreddit and the Discord server are great spaces to meet like-minded penny stock investors from all over the world. The community is useful not only for learning and getting feedback, but also to expand your network.

Content Library

The community's Discord server has #resources and #faq channels, which are helpful for members to find learning resources and quick answers to common questions. On the other hand, the subreddit includes a wiki with introductory info to penny stocks. The wiki also includes a section with links to useful videos. On the other hand, the subreddit also has several FAQs and guides, and a "search without memes" feature.

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