You may have noticed a lot of buzz lately about Penny stocks
Penny stocks refer to the common stock of smaller public companies that trades for less than a dollar per share. Like other shares of stock, they are regulated by the SEC and other authorities, but instead of trading on the major markets like the NYSE, they trade on “over-the-counter” markets.
Today, penny stocks are offering smaller investors a great opportunity to earn significant up-side on their investments. The benefits occur for two reasons:
1. It doesn’t take a lot of money to invest in penny stocks.
For the price of just one share in large companies such as Apple or Google, you could buy thousands of shares in many penny stock companies.
2. Penny stocks have the potential for huge returns.
Because the price per share is so low, they can experience huge price increases – sometimes even doubling or tripling in just one day. Price jumps like this do not often occur with larger companies, but are much more common with penny stocks.
Another great thing about penny stocks is that they trade in exactly the same way as shares of larger companies. You can easily track price movements and buy and sell online, or through a traditional broker.
While there is always risk in owning shares of publicly traded companies, the amount people tend to invest in penny stocks is relatively small, so in those instances, if the price of the stock drops, investors do not lose significant amounts of money.
But, with thousands of different penny stocks to choose from, how should you go about finding the right ones to invest in?
One website that is exclusively devoted to tracking and recommending penny stocks is PennyStocks.com. The site tracks the market for these high potential companies, and then alerts its subscribers with the latest picks. In fact, the site’s track record is pretty amazing. Every single pick they alerted in 2011 and 2012 rose shortly after their alert, and in one case, the pick skyrocketed from 10 cents to $1.20 in just two weeks. That’s an increase of 1,100 percent!
In another instance, the site’s members saw gains of over 2,500 percent, a number rarely seen in regular stocks. Of course, much of the ability to recognize a return depends upon when you purchase or sell the penny stocks, and these results are not typical or guaranteed. In some cases, where a promotion ends, the stock prices can go back down to their original amounts – so you have to be diligent with your investment and monitor your trading closely.
Best of all, you can subscribe to PennyStock’s penny stock newsletter 100 percent free. All you need is an email address.
Their newsletter is gathering an increasingly devoted following and for obvious reasons: Since the newsletter is completely free, it’s very simple to subscribe. Take a look around and track what happens to the stocks they recommend. You will never be asked to pay, and if you don’t like the service for any reason, you can unsubscribe at any time you wish.