It is nothing but a show of insensibility if you rush into any sort of investment, however small it might be. The same applies for penny stocks and, here too, you should conduct a careful research before actually investing your money and labor after this. There are hosts of websites and online directories to serve your purpose. These sites not only help you get a comprehensive picture of the market at that moment, but also brief you with available hot penny stocks so that you can plan your investments well.