Global penny stock
Penny stocks, also called micro cap or little cap stocks, are cheap stocks that sell for $1 to $5 per share. You’ll usually find them in young, recently made firms or corporations that are concerned in dangerous ventures. While purchasing penny stocks is not especially difficult, there are one or two rules.
Step one
Invest no more than ten percent to 12% of your investment money in global penny stocks.
Step two
Select your penny stocks from favored industries ; high technology and bio-tech industries are good selections. If you pick one of these, see what sort of exclusive technology and patents the corporations own.
Step three
Find out about your selected stocks’ balance sheet. It’ll tell you if the company has enough money and assets to keep its head above water for the following couple of years. You need to also know if the Corporation has a large amount of debt.
Step four
Ensure the penny stocks you select are not concerned in a “pump and dump” scheme. The schemer gets a giant quantity of a stock and makes lavish claims about it to the general public. As fast as folk start buying the shares, the schemer dumps the stock. Sites like WiseGeek do a good job of keeping buyers mindful of penny stock crime.
Step five
Go to a stock broker or visit a web brokerage to buy penny stocks.
Step six
Take no chances when it comes to pricing stocks. Always stay in your fiscal comfortable zone.
Step seven
Keep abreast of current reports on your selected penny stocks ; tech firms may have come out with a fresh product you ought to know about.
http://www.stocksource.us
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