Great Penny Stocks To Watch
Just like stocks on the NASDAQ and NYSE, there is a huge variety of penny stocks to watch. Here recently, there have been huge increases in activity on the penny stock market. This increased penny stock activity is understandable. People just don't trust the big corporations that got us into the recession. I for one would rather put my money into a small business that I trust. However, some people are turning to penny stocks strictly because they can make more money. This is possible, but should be done cautiously because of the rampant fraud on the penny markets.
Investing in penny stocks makes us better stewards of our money by giving it to down to earth companies instead of corrupt corporations. It also reduces the risk of investing by allowing us to distribute the investment across a higher number of companies. $1000 on the stock exchange will get you a small number of shares in just one company. The same $1000 on the penny stock market will purchase a large number of shares from multiple companies.
The greed and corruption seen in the larger companies are also turning people away from the larger exchanges. If that doesn't, then the feds impact on the stock market as a whole will. One new law or one bad accountant and the investment can be lost quickly.
Typically, these issues are seen on the penny stock market. This market is made up of mostly small businesses that are run by the person who started the company. The executive or "business owner" has a stake in the company and will bend over backwards to keep it growing. Usually their listing on the penny stock market is evidence of their commitment. The typical penny stock went public so the founder would have the money needed to pay for an expansion or growth.
This growth is usually slower than that of their large business counterparts, as is the growth of their stock value. However, overtime that growth can add up. Further, some companies on the penny stocks will grow naturally from a small business to a large player. Along the way, the value of the stock in the company will grow too. When this growth happens it's usually very quick. Sometimes it will plateau in as little 24 hours, so penny stock investors have to be prepared to sell quickly.
It is possible for companies to have this type of growth, but it is uncommon. More commonly this type of growth is the result of a shady broker running a pump and dump scam. Their goal is to artificially inflate the stock value of a company. Then when it can't climb any higher they sell off all of their stocks for a big profit at everyone else's expense.
The ease of growth, honest values, and chance at rapid growth has created many penny stocks to watch over the years. These stocks can definetly produce stock exchange style returns without the same types of risk or the BS that comes with Fortune 500 companies. - 23221
Investing in penny stocks makes us better stewards of our money by giving it to down to earth companies instead of corrupt corporations. It also reduces the risk of investing by allowing us to distribute the investment across a higher number of companies. $1000 on the stock exchange will get you a small number of shares in just one company. The same $1000 on the penny stock market will purchase a large number of shares from multiple companies.
The greed and corruption seen in the larger companies are also turning people away from the larger exchanges. If that doesn't, then the feds impact on the stock market as a whole will. One new law or one bad accountant and the investment can be lost quickly.
Typically, these issues are seen on the penny stock market. This market is made up of mostly small businesses that are run by the person who started the company. The executive or "business owner" has a stake in the company and will bend over backwards to keep it growing. Usually their listing on the penny stock market is evidence of their commitment. The typical penny stock went public so the founder would have the money needed to pay for an expansion or growth.
This growth is usually slower than that of their large business counterparts, as is the growth of their stock value. However, overtime that growth can add up. Further, some companies on the penny stocks will grow naturally from a small business to a large player. Along the way, the value of the stock in the company will grow too. When this growth happens it's usually very quick. Sometimes it will plateau in as little 24 hours, so penny stock investors have to be prepared to sell quickly.
It is possible for companies to have this type of growth, but it is uncommon. More commonly this type of growth is the result of a shady broker running a pump and dump scam. Their goal is to artificially inflate the stock value of a company. Then when it can't climb any higher they sell off all of their stocks for a big profit at everyone else's expense.
The ease of growth, honest values, and chance at rapid growth has created many penny stocks to watch over the years. These stocks can definetly produce stock exchange style returns without the same types of risk or the BS that comes with Fortune 500 companies. - 23221
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Looking for Hot Penny Stocks? Visit SmartPennyStock.Com and learn which Penny Stocks To Watch.
posted by X - Men @ 8:58 AM
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