Black Money Business Jobs : Are Penny Stocks Worth Investing In?

Discussion in 'Black Money Business Jobs' started by MsInterpret, May 5, 2013.

  1. MsInterpret

    MsInterpret Well-Known Member MEMBER

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    I was reading an article on Penny Stocks...and I found this interesting and something I may consider after doing some more research.

    3 Reasons to Buy and Sell Penny Stocks
    [​IMG]

    How many times have you kicked yourself for not investing in some of today's leading stocks back when they were actually affordable?
    The majority of Americans find it nearly impossible to buy stock in their favorite companies because they're simply too expensive. For instance, Google is now available for $780 per share and Apple at $422 per share.
    And then there is the fear that many of the leading stocks are inflated and poised to fall. Paul Sommerville, financial advisor and contributor to the Independent, warns "the next few years will be characterized by gut-wrenching sell-offs."
    This leaves small investors looking for fresh investments that have the power to reap major rewards in the near future. And that's where penny stocks come in— offering you the opportunity to get in on the ground floor.
    How It WorksWhen smaller companies go public and make their stocks available for less than a dollar per share, their shares are called "penny stocks." Small investors can easily and affordably purchase them. Regulated by the SEC and other official authorities, they are traded in "over-the-counter" markets rather than the NYSE.
    There are a number of reasons to consider purchasing penny stocks, but here are the three most compelling:
    1. Small Investment for Many SharesWith penny stocks, you have the power to purchase thousands of stock shares for a rather small investment. For example, if a technology company is selling shares at 10 cents and you make $500 investment, you can own 5,000 shares. If the stock rises to just $1.00, your investment will turn into $5,000.
    This gives you the opportunity to purchase stakes in several companies at a time (with potential for major gains), rather than investing in one or two overpriced NYSE stocks that may earn you a couple dollars here and there.
    2. Huge Returns in a Short Amount of TimeWith some help on the research side, you can discover penny stocks ready to explode overnight. Unlike most stocks on the NYSE that can take years to grow, it is common for penny stocks to double and even triple in a single day.
    3. Easy to Buy and SellPenny stocks are traded exactly like major stocks. All you need is to establish an online trading account to buy and sell, or you can use a traditional broker to place your trades.
    A Powerful Trick of the TradeAs you're probably aware, any stock has a certain degree of risk that comes along with it. This is why it's essential for you to do your homework and carefully research each penny stock you purchase.

    READ MORE: http://www.howlifeworks.com/Article.aspx?Cat_URL=finance&AG_URL=How_Small_Investors_are_Making_Huge_Returns_Trading_Penny_Stocks_185&ag_id=1190&wid=339CB4EF-4BC5-45E8-B63C-03C8339D265E&did=2759&cid=1005&si_id=411
     
  2. info-moetry

    info-moetry STAFF STAFF

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    YES!
     
  3. Black Tycoon

    Black Tycoon Member MEMBER

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    The thing about pennies is the ability to be very precise. You really have to understand market timing and charting. Both are not easy to understand and do.


    If you want to invest your money, read this book:

    How to Invest $50-$5,000: The Small Investor's Step-by-Step Plan for Low-Risk Investing in Today's Economy

    10th edition


    This is a great book for new or beginning investors.



    Tycoon, out.
     
  4. Kemetstry

    Kemetstry going above and beyond PREMIUM MEMBER

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    Microsoft started as a penny stock, as did Apple, Cisco. etc






    .
     
  5. Black Tycoon

    Black Tycoon Member MEMBER

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    I don't think the issue what started where. It's the ability to grasp concepts that MOST "main street" or known as average investors most often cannot grasp nor have the time to be an "active investor".

    The question was: Are penny stocks worth investing in?
     
  6. Kemetstry

    Kemetstry going above and beyond PREMIUM MEMBER

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    And my point was, if you had invested in those stocks when they were penny stocks, where would you be today? Thus, following the logic, if you do your homework, they are worth investing in





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