Hot penny stock picks and how to trade them. Hi everyone, I am going to talk about something a little different today. I usually like to rant about a forex strategy but today I am going to tackle the "penny stock" arena.
So the claims are huge, "retire a multi-millionaire with 1000USD" that is what he tells us. Let's try to figure out if there is any truth to be had here. Penny stocks are very similar to trading any other stock like say coca-cola or disney, but the big difference is that penny stocks are "bought" at a much lower price because they are a new stock with lower market "worth". This enables someone with lower capital to buy into a company that is brand new to the market in hopes that the company will take off into the "stratosphere". I remember when the company "Snapple" first entered the beverage market about 25 years ago. I would imagine that their stock was a penny stock back then. I have heard that many people made a killing when that company hit it big. But this is a good example of what a penny stock can offer an investor with lower capital.
With this being said now we know what a penny stock really is. This type of trading is called "speculative" because there really are no market indicators at the time of buying the stock. Thus we cannot really make an "educated" type of trade. If we "feel" the stock is a good one and will take off sometime in the near future, we thus will buy the trade as a "penny stock".
The penny stock egghead appears to be one of the better signals for when to buy an up and coming penny stock. Heck the webpage even has the companies address at the bottom (highly unusual but credible indeed). the company will take your hand and walk you through the whole process of buying the stocks.
I personally have not tried to invest in penny stocks myself, but I am seriously considering joining this program to get my slice of the pie.
THE PENNY STOCK EGGHEAD STOCK PICKS
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