Penny stocks sometimes go by different names such as micro stock, nano stock, micro cap stock, small cap stocks, etc... Don't worry or confuse about these names because they all lead to the same meaning of penny stocks which is the stock is low-priced issues, often highly speculative, selling the share under one or five dollars and is traded either on pink sheets (over the counter) or on the NASDAQ.
This makes me ask myself "Why all investors come back to penny stocks?" or "Why we love penny stocks?"
Penny stock is a device allows investors to make quick gains. In addition, it is a cheap stock that keeps investors coming back so it's useful for a new investor to pick penny stocks.
That was about investors; what about companies?
It's important when you learn to trade penny stocks that you remember to make this difference. The company that trades with penny stocks will have a low value compare with the other company which trade with the stock market regularly. These companies should have a net worth of four million dollars or less in net tangible assets. In other words, if the company has heavy assets, it will have a good amount of inventory.
So penny stocks come from the company that has less salary, fewer inventories, unknown company, and don't carry a large amount of business.
Ask yourself, "Can I deal with new companies?" if your answer is yes, then do your best to learn how to invest wisely in penny stocks. But if your answer is no, try to invest your money in another stock.
I'm starting to get the bug to get back to bloggin', but I'll resist until Monday. Meanwhile, I couldn't resist posting this e-mail from John Rook because it's right on. And so again, the “in house newsletter” of the Hagadone empire, The Coeur d ...
Read more...
Until the beginning of this month, Americans seemed to have nothing to say about their ongoing economic ruin except, "Hit me! Please, hit me again!" You can take my house, but let me mow the lawn for you one more time before you repossess. Take my ...
Read more...
PORTSMOUTH - The evidence for impeachment of the president and vice president is overwhelming, former CIA analyst and daily presidential briefer Ray McGovern told a room full of people at the Portsmouth Public Library Monday night. McGovern, who ...
Read more...
The GOP's fake immigration tough guys: Mark Krikorian cracks Giuliani's code on immigration . It seems Giuliani wants to stop illegal immigrants at the border but resists "internal" enforcement--e.g., employer sanctions. I'm less gung ho about the ...
Read more...
Real Name: Samuel Heath Member Since: February 03, 2007 Last Signed In: August 17, 2008 Profile Views: 4643 Blog Views: 52496 How to change the perception of America’s leadership? It begins with our President. Say you were a film producer looking ...
Read more...
DFO: Idawa came "in from the cold" earlier today, identifying himself to me. He's a young man with deep roots in North Idaho who currently lives in the Seattle area. A top-notch dude. I was thrilled to get to know him a little via e-mail. It'll make ...
Read more...
Mrs. Olive Caskey Frazer, 81, of Shreveport, LA, died Tuesday, December 21, at her residence . A a native of Ashley County, a resident of Shreveport for the past 22 years and a former resident of the Boydell area, she was a retired nurse and a member ...
Read more...