Penny Stocks – what are they?
This is the question to ask if you have no idea what a penny stock is.
So, what are penny stocks? According to online sources, penny stock is another name for a micro-cap-equity and refers to a share in a company trading for less than $5.00. Imagine – if you invest, say $1,000.00 and purchase 4,000 shares at 25cents per share, and the shares doubles overnight, you made $1000.00 over night. What do you say to that? Yeah? You say – So what’s the catch?
Catch, hmm yeah well you are right, there is a catch, and I have no problem telling you about it. Why? Because regardless of the catch, this investment works and when business prospects lead to trading stock anything could happen. Since there are thousands of penny stocks to choose from, the trick is to invest in the ones that will increase rather than one that does not. You will find it is entirely possible for you to research stocks on your own, but analyzing thousands of stocks in order to choose the best, top rated penny stocks is not all that simple. If you learn to leverage information technology resources, you will see the beauty of why computer technology is so popular.
Now, if you can follow directions exactly, have no problem with some stock analysts whose life is trending stocks all day giving recommendations, then you may be onto a winner.
I know that there are a lot of services on the Internet that you have to choose from, but I don’t believe in a stock trading robot – I believe only in real live person! I’m using a system called “Penny stock Prophet” – it’s a guy name James Connelly – who developed a unique formula that can identify breakout stocks BEFORE they start to move. I tried it and it works. You get Stocks alerts of his independent research. He also teaches you about setting limited orders so your orders will be automatically executed in your trading account. You don’t have to sit and stare at a stock ticker all day while waiting to cash out. He is also helping to sort out all of those Penny Stock newsletters out there and only bring you the ones he trust to bring the most profitable stocks. One additional advantage – you can use direct access to him! Isn’t it great?
If this tweaked your interest – come on, take a peek. You will kick yourself if you do not.